This is evidenced by the study of the analytical company Coalition.
The total revenue from operations with raw materials amounted to $ 2.5 billion. This is mainly due to low volatility and weak client activity.
At the same time, in general, the proceeds of banks from operations with fixed-income assets in the currency and commodity markets (FICC) decreased by 11% - to $ 68 billion.
Meanwhile, earnings from trading in shares and derivatives decreased by 4% last year to $ 41.8 billion, which is also the minimum volume for the last 11 years.
The aggregate revenue of the world's 12 largest investment banks as a result of 2017 decreased by 4% - to $ 150.4 billion compared to $ 156.1 billion a year earlier.
In the previous two years, the rate of decline was 3%.
"Last year's revenue was the lowest since 2008," the message says..
We are talking about Bank of America Merrill Lynch, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, Societe Generale and UBS.
Recall, as previously reported, "URA-Inform", the General Prosecutor's Office of Ukraine announced in search of one of the leaders of "Delta Bank".