Buy the Bank Trading Dip

A decline in second-quarter trading revenues for major banks is no reason for panic. Investors should focus on bigger, more positive trends that will drive bank shares.

Investors were spooked on Wednesday by comments from two top banks. Speaking at an investor conference, J.P. Morgan Chase Chief Financial Officer Marianne Lake said markets revenue in the second quarter is running around 15% below the same period a year earlier. Bank…

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