Ficc revenues bounce off lows but still down
European banks bounce off lows in Ficc revenues in the first quarter of the 2018, but year-on-year earnings remain negative
Revenues from fixed income, commodities and currencies at European banks bounced off the lows seen in the last three months of 2017 but, despite the improvement in the first quarter of this year, revenues remain down year-on-year, financial results published to date show.
Despite the gloomy picture overall on a yearly basis, revenues grew in the double digits at Barclays, Deutsche Bank, Credit Suisse and UBS in the first quarter compared with the fourth quarter of last year. Deutsche Bank, the
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