Big investment banks have worst start to year since 2006

FILE PHOTO: The logo of Deutsche Bank is pictured in London, Britain July 8, 2019. REUTERS/Simon Dawson/File Photo

In the first six months of 2019 investment banks reported revenues of $76.8 billion, down 11% on the prior year and the lowest first-half performance for 13 years. Fixed income, currencies and commodities revenues fell 9%, while investment bank advisory was down 8%.

deserved.dwnews dw_chinese

Our mission at is to build the social media platform that ends fake news

Only $76.8 billion in new revenue. How will they survive 😕

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Yearslong Tax Dispute Could Cost Big Tech Companies BillionsA long-running tax dispute is racking up a potentially hefty price tag of nearly $2 billion and counting for dozens of big U.S. companies, including Facebook and Google’s parent, Alphabet. At some point, they have to pay some kind of tax too. And why should Tech companies be able to circumvent their liability by using tax shelters or 'made up' GOP tax exemptions when it just provides them with a MOTIVE to 'materially aid' one political party to get re-elected, e.g., using 'bots' to unduly condition voters?
Fuente: WSJ - 🏆 98. / 63 Leer más »