Q2 2010 Earnings Roundup
The Q2 earnings for major banks are in, and the results look mediocre at best. The Flash Crash shook up the markets and the top banks saw a drop in revenue.
Yet, the second-quarter did enjoy lower credit costs and a solid performance from Morgan Stanley (MS) who beat expectations by nearly doubling its trading revenue.
Were other firms able to endure weak trading activity? Click through the earnings summaries below to see where these major banks stand.
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