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%.
Virgin Atlantic Airways plans to cut 3,150 jobs this year to gain new investment28.04.2020
European stocks up amid positive earnings; Wirecard shares plunge16.04.2020
Top U.S. retail banks to pause overdraft collections as stimulus program hit07.04.2020
Airbnb receives $1 billion investment from Silver Lake, Sixth Street