G10 FX revenue sinks 45% since 2009, says report
Coalition Index report shows revenue down across Ficc
Income from G10 foreign exchange business at banks nearly halved in 2014, compared to revenue recorded in 2009, according to analytics and research provider Coalition's latest Index report, published on February 19.
The report – featuring combined data from Bank of America Merrill Lynch, Barclays, BNP Paribas, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley and UBS – also shows G10 FX revenue was 5% lower than 2013's figures, at $6.5 billion, while data records from
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