Analysts predict 11% revenue dip at top investment banks

03/14/2014 | Bloomberg

JPMorgan Cazenove analysts wrote in a note to clients that the top investment banks in the world, including Barclays, UBS and Morgan Stanley, could see an 11% decline this quarter in combined revenue from underwriting, trading and advising on mergers and acquisitions. Trading in fixed-income, currencies and commodities could be down 19%, according to the note.

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