If you’re looking for confirmation that 2020 has been an exceptional year for some people in the front office of major investment banks, strategy consulting firm McKinsey & Co, has just provided it. However, if you’re hoping that this excellent year will […]
Is Morgan Stanley on track for strong a fourth-quarter – at least as strong as other Wall Street banks have been predicting for themselves? It seems like a simple question but the answer is, well, complicated. Historically, the bank’s strongest […]
Surprise! Fixed income currencies and commodities (FICC) traders didn’t have a great second quarter. At Goldman Sachs, FICC revenues fell 28% year-on-year in the second quarterwhat with ‘unhealthy volatility’ due to the Greek crisis. European banks have yet to report, […]
Most banks are paring bank their fixed income currencies and commodities businesses. Deutsche Bank is expected to makecuts under John Cryan. Credit Suisse is expected to make cuts under Tidjane Thiam. One bank, however, is swimming against the tide. That bank […]
