Investment Banking

JPMorgan earnings: Spluttering fixed income and other key takeaways

Wall Street giant misses fourth-quarter expectations but still sees revenues rise across business lines in 2018

JPMorgan earnings: Spluttering fixed income and other key takeaways
Photo: iStockPhoto

JPMorgan reported growth across all of its major business lines last year, despite a turbulent end to 2018 — most notably at its bond trading desk.

Only the group's consumer and community banking division increased revenues year-on-year in the final three months of 2018, according to an earnings release on January 15, as the bank missed analyst expectations.

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