Leading investment banks in the world reduced total quarterly earnings by 1%


Analytical company Coalition conducted a study of the financial results of 12 of the world's largest investment banks in the third quarter. The results showed that the cumulative revenue of these financial institutions fell in annual terms by 1% to $35.5 billion. However, in the first nine months of the year, revenue showed an increase, increasing by 4% to 122 billion dollars. Experts expect that in 2018, the revenue of banks will reach 154 billion dollars, its annual growth will be 3%. The results of leading banks for 9 months also showed an increase in their total income from operations with raw materials by 32%, from trading in shares and derivatives - by 15%.

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