A late pick-up in volatility in September looks like it will help investment banks' trading desks to a strong end to the third quarter, mirroring an eleventh-hour surge that spared blushes in Q2.

JP Morgan analysts led by Kian Abouhossein said in a note published this week that volatility in rates and foreign exchange, in particular, had "continued to improve in September".

September pick-up offers Q3 hope for banks

A late improvement in volatility in rates and FX markets helps banks' FICC desks end the third quarter on a high, says JP Morgan

Matt Turner in New York

JP Morgan

Bank of America

Barclays

Citigroup

Goldman Sachs

Active funds bounce back, and JPMorgan’s $100bn active ETFs target

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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CME Group’s second-quarter earnings and revenue rose sharply as the derivatives-exchange operator benefited from a surge in trading activity due to market volatility.

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The Wall Street firm is being investigated over whether it properly vetted its clients for money-laundering risks.

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When team leaders provide their opinions first, it can discourage lower-level employees from providing dissenting views or alternative ideas.

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U.S. stock futures pointed to a flat open after a mixed session on Wall Street Monday, while international equity markets were also mixed so far Tuesday as earnings season sweeps into full gear.

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