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Wall Street Logs Best Quarter Since Credit Crisis Erupted

First Posted: 7/30/09 Updated: 5/25/11

Wall Street

Wall Street Journal:

The securities firms still standing on Wall Street are about to close the most lucrative quarter since the credit crisis erupted.

And instead of relying on risk and leverage to drive profits, companies such as J.P. Morgan Chase & Co., Goldman Sachs Group Inc., Morgan Stanley and Bank of America Corp. are getting back to basics, with a strong performance from trading and underwriting.

Read the whole story: Wall Street Journal

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The securities firms still standing on Wall Street are about to close the most lucrative quarter since the credit crisis erupted. And instead of relying on risk and leverage to drive profits, compa...
The securities firms still standing on Wall Street are about to close the most lucrative quarter since the credit crisis erupted. And instead of relying on risk and leverage to drive profits, compa...
Filed by Marcus Baram  |