Just on the wires: JPMorgan is first with the publication of fourth-quarter 2010 figures. Overall net income is above forecasts at $4.8 billion, almost 50% up on 2009 Q4.
Revenue for fixed income markets which “primarily include revenue related to market-making across global fixed income markets including foreign exchange, interest rate, credit and commodities markets” for 2010 Q4 was remarkably stable at $2.874 billion, compared with $2.735 billion in 2009 Q4 and $3.123 billion in 2010 Q3, “reflecting solid client revenue”.