Wednesday's Headlines: JPMorgan Chase On Track to Hire 10,000

JPMorgan Chase says it's "on track to hire over 10,000 people in the U.S. this year." The company's third-quarter profit jumped 23 percent overall while profits in the investment bank sank. [Marketwatch]

Vermont Senator Bernie Sanders is trying to revive legislation designed to break up commercial banks, investment banks, hedge funds and insurers that have grown so large that a failure would create economic catastrophe. [NECN]

Hedge funds chalked up their strongest gains in 16 months in September, helped by climbing stock prices around the world. [Reuters]

Raymond James's chief executive says his goal is to attract top-performing women from other firms and create new programs to aid those already at Raymond James. His goal is to be a top alternative to the Wall Street powerhouses. [American Banker]