SUBSCRIBERS

Europe investment banks report rise in Q2 equity trading revenue

Published Wed, Aug 5, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Paris

EUROPEAN stocks have swung this year from a central-bank-fuelled rally to a Greece-induced slump and back up. The upshot for investors? A resurgence in volume.

After years of shrinking trades and commissions, stock desks in Europe are finally seeing a pick-up. Investment banks including UBS Group AG and Deutsche Bank AG have reported a surge in equity trading revenue in the second quarter. The value of stocks traded jumped 25 per cent to 1.4 trillion euros (S$2.1 trillion) in the first half of 2015, the highest since at least 2009, data from research firm Markit showed.

Share with us your feedback on BT's products and services