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Goldman, Morgan Stanley and JPMorgan justify the higher ratings by separating from the package



The charging bull statue is seen in the Financial District as snowfall in New York, USA on December 16, 2020.

Typhoon Koskun Anadolu Agency Getty Images

Even within Wall Street, there are those who do not and do not have.

Banks have just finished reporting the results for the last three months of 2020 and the difference in profitable trading fees won by the Big Three of Wall Street ̵

1; JPMorgan Chase, Goldman Sachs and Morgan Stanley – and other players in global capital markets have never was larger.

While the three largest players grossed stock and bond trading that exceeded analysts ‘expectations by nearly $ 1 billion combined in the quarter, which contributed to the companies’ profits, others performed weaker. Bank of America’s fixed-income traders, for example, brought in $ 370 million less revenue than expected, and Citigroup’s bond traders essentially met expectations.


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