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Coalition study – Times are difficult for investment banks News

Sunday, September 10th, 2017 | Economy

The revenue of the twelve largest investment banks rose by four percent to 82 billion dollars, as the published data from the analysis company Coalition emerged. However, revenues were thus almost 13 percent lower than in the same period in 2012.
An improved global economy, the robust profitability of corporations, readily available banknotes, and some declining political risks associated with elections would have contributed to the better business. The lower price spread for bonds, currencies and commodities would have facilitated the issuance of capital and loans. At the same time, this has resulted in a gain in trade gains.
Coalition follows the development of Bank of America Merrill Lynch, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, Societe Generale and UBS.
(Reuters)

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