Most U.S. Large Cap Banks Gain From Strong Equity Trading

Third-quarter results of top five market sensitive banks / brokers reveal all of them, except Goldman Sachs Group Inc (NYSE:GS), gained from strong equity trading. Matt O’Connor and David Ho of Deutsche Bank AG (ETR:DBK) (FRA:DBK) (NYSE:DB) predict the banks / brokers may continue to benefit from equity trading in the fourth quarter as well. Weak market share revenue from FICC Analyzing the third quarter results of five market-sensitive banks and brokers such as Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), Goldman Sachs Group Inc (NYSE:GS),  JPMorgan Chase & Co. (NYSE:JPM) and Morgan Stanley, Deutsche analysts observe FICC is…