The world’s 12 largest investment banks saw revenues rise to $82 billion
Investment banks benefitted from stronger performance in underwriting debt and equity issues in the first half of 2017.
Data from analytics firm Coalition shows a 4% rise in revenue at the 12 largest investment banks in the world, to $82 billion, although that is 13% lower than 5 years’ ago.
Coalition’s report, released Thursday, reveals fixed income, currencies and commodities trading was in line with the same period of 2016 while revenue from equities trading was 3% lower.
The 12 banks tracked in the report are: Bank of America Merrill Lynch, Barclays, BNP Paribas, Citigroup, Credit Suisse , Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, Societe Generale and UBS.
Data from analytics firm Coalition shows a 4% rise in revenue at the 12 largest investment banks in the world, to $82 billion, although that is 13% lower than 5 years’ ago.
Coalition’s report, released Thursday, reveals fixed income, currencies and commodities trading was in line with the same period of 2016 while revenue from equities trading was 3% lower.
The 12 banks tracked in the report are: Bank of America Merrill Lynch, Barclays, BNP Paribas, Citigroup, Credit Suisse , Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, Societe Generale and UBS.
