July 16 (Reuters) - Equity traders rode high in the

second quarter, propelling earnings across Wall Street banks.

"There's a significant amount of geopolitical and election

uncertainty around the world, but that tends to be an

environment where clients reposition, and that tends to be a

reasonably good environment for our sales and trading business,"

Bank of America's ( BAC ) Chief Financial Officer Alastair

Borthwick told reporters on a conference call on Tuesday.

BofA's revenue from equities trading jumped 20% in the

second quarter from a year ago to $1.9 billion. It rose because

of "strong client activity" and a better performance in cash and

derivatives, the bank said in a statement.

At Morgan Stanley ( MS ), equity revenue surged 18% to $3

billion.

The gains came from across businesses and regions,

particularly Asia, helped by stronger client engagement and a

"constructive" market environment, the bank said.

At rival Goldman Sachs ( GS ), equities revenue rose 7% to

$3.17 billion during the same period, driven by derivatives, it

said on Monday.

JPMorgan's ( JPM ) equity markets revenue jumped 21% to $3 billion,

Citigroup's ( C/PN ) increased 37% to $1.5 billion, and Wells

Fargo's ( WFC ) surged 41% to $558 million, the banks reported

on Friday in their second-quarter earnings.