Bloomberg News reports that Deutsche Bank lost ground in both markets while trying to restructure its business.
JPMorgan’s share of the $77 billion pool of revenue that banks generated handling investors’ bets on bonds, currencies and commodities rose by more than a percentage point. Its cut of the $53 billion market for trading stocks and related derivatives also increased. The fixed-income pie shared by all banks shrank 6% from 2017, but in equities it grew 14%.
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