According to this article, Wall Street had a horrible performance in 2015, and based on the numbers, it is on pace for an even worse 2016. The charts showed a rather steady decline in in revenues since 2010--except for 2012--and a 3% decline in 2015. It also states that corporate bond trading revenues dropped over 30%. Not only were revenues down, but jobs were down as well, showing a loss of 800 jobs for the year. These are not good signs for the future with regards to trading.
http://www.businessinsider.com/coalition-investment-bank-summary-2015-2016-2
No comments:
Post a Comment