JP Morgan and Citigroup kick off earnings season with rising revenues
(World News UK)

Two of America’s biggest banks beat analyst expectations in third-quarter results announced today, despite falling trading revenues. Citigroup and JP Morgan Chase both reported higher revenues than pre-results consensus, although the former’s trading unit offered a relatively stronger performance. Fixed income trading revenues fell by 27 per cent for JP Morgan, while Citi reported a 16 per cent fall in the equivalent division....