Reuters / Kevin Lamarque
Wall Street banks have followed up their stellar 2018 debut in stock trading with another robust performance in equities in the second quarter.
JPMorgan Chase, Citigroup, and Bank of America Merrill Lynch all saw strong second-quarter earnings in the past week, with each reporting a second consecutive standout performance from their equities divisions.
Derivatives trading, which has particularly benefited from the rebound in volatility, has played a key role in the first half of the year.
Equity derivatives traders have become the focus of an intense Wall Street hiring battleground amid their improved performance in 2018.
The first quarter wasn't a one-off: Wall Street banks have followed up their stellar 2018 debut in stock trading with another robust performance in equities in the second quarter.
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