Big investment banks have worst start to year since 2006

LONDON (Reuters) - The world's largest investment banks have had their worst start to a year since 2006, according to the latest data published by industry analyst Coalition on Thursday. In the first six months of 2019 investment banks reported revenues of $76.8 billion, down 11% on the prior year and the lowest first-half performance for 13 years. Revenues fell across the board, with the deepest decline in equities trading, down 17% to $22.1 billion

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