The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Investment banks' trading revenue down 9% in 2015: survey

Drop is due to regulatory changes requiring them to hold more capital and liquidity, and retrenchment

Published Mon, Feb 22, 2016 · 09:50 PM
Share this article.

London

REVENUE at the world's 12 largest investment banks from trading fixed income, currencies and commodities (FICC) fell 9 per cent in 2015 compared with a year before, a survey showed on Monday, dragged down by regulatory changes and retrenchment.

Eight years after the global financial crash, banks are still struggling to adjust to reforms compelling t…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here