The world's largest investment banks have had their worst start to a year s...
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%.
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