Revenues at the world's biggest investment banks have plunged to their lowest levels since 2006

The world's biggest banks have posted their lowest revenues since 2006, according to industry monitor Coalition. First-half revenues slumped 11% at 12 of the biggest banks in Europe and the US. Equities have been hit especially hard, as slow growth and low-interest rates hit Wall Street's biggest names. Headcount at the world's largest investment banks dropped by 1,500 from January to June. View Markets Insider's homepage for more stories.

The world's biggest banks have posted their lowest revenues since 2006, according to industry monitor Coalition. First-half revenues slumped 11% at 12 of the biggest banks in Europe and the US. Equities have been hit especially hard, as slow growth and low-interest rates hit Wall Street's biggest names. Headcount at the world's largest investment banks dropped by 1,500 from January to June. View Markets Insider's homepage for more stories.

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