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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Big investment banks have worst start to year since 2006The world's largest investment banks have had their worst start to a year s... Only $76.8 billion in new revenue. How will they survive 😕 Our mission at is to build the social media platform that ends fake news deserved.dwnews dw_chinese
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Big investment banks have worst start to year since 2006The world's largest investment banks have had their worst start to a year s... Only $76.8 billion in new revenue. How will they survive 😕 Our mission at is to build the social media platform that ends fake news deserved.dwnews dw_chinese
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UBS plans revamp of investment bank after falling profits: FTSwitzerland's biggest bank UBS Group AG is planning to revamp its investmen...
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