Here is the memo the CEO of JPMorgan's giant investment bank just sent to staff
Jan 14, 2016, 20:16 IST
JPMorgan reported fourth-quarter earnings on Thursday that set a high bar for the rest of Wall Street.
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Within that, the bank's corporate and investment bank delivered solid revenues during a difficult trading environment. Total revenues fell 4% to $7.1 billion. On an underlying basis, total markets revenues were down 1%, while banking revenues fell 6%.
Daniel Pinto, the Argentinian chief executive of JPMorgan's corporate and investment bank, sent the following memo to staff this morning.
