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Macro US Stocks

JPMorgan CFO Barnum Calls FICC Trading Revenue Drop ‘Normal Ups and Downs’

JPMorgan Chase CFO Barnum said the decline in FICC trading revenue is “normal ups and downs,” characterizing the move as routine volatility rather than a structural shift. The comment addresses the bank’s fixed income, currencies and commodities trading performance. No specific figures or time period were given.

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