Banks Facing Worst Equities Trading Since 2006 as Markets Rally

Banks Facing Worst Equities Trading Since 2006 as Markets Rally

Scott Eells/Bloomberg

Third-quarter equities-trading revenue probably fell 14 percent from the same period in 2011, the fifth straight drop of more than 8 percent, according to estimates by Kian Abouhossein, a JPMorgan Chase & Co. analyst.