Markets

Wall Street’s first-half profits rocketed 82% to their highest since 2009

New York’s securities industry notched its largest first-half profit since 2009 due to sharp increases in trading and underwriting activity, New York State Comptroller Thomas DiNapoli said in a Thursday report. Pretax profits through the first six months of the year surged 82% to $US27.6 billion. Underwriting revenues hit a […]
Wall Street’s first-half profits rocketed 82% to their highest since 2009