The big banks on Wall Street, including Citigroup (C 2.02%) and JPMorgan Chase (JPM -0.40%), are telling investors to expect another down quarter for their fixed income trading operations. Will it ever turn around?
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the cyclicality of the trading business and how investors should viewer the results. The two address the notion that "no one wants to buy bonds" and why that inactivity hurts the banks.
