Fixed income, currency, commodities up 2% on volatility and European QE
world’s top banks had a strong first quarter with
revenue driven by robust client activity, favourable market
volatility and central bank activity, according to research
After a series of
steady declines in recent years, fixed income, currency and
commodities (FICC) revenue was up 2% year-on-year due to
increased volatility and a wave of European Central Bank (ECB)
quantitative easing (QE).
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