JP Morgan retains pole position in Coalition survey

Q1 sees Citi and Deutsche lose their joint first position

Gold medal

JP Morgan has retained its top spot among investment banks in global fixed income, currencies and commodities (Ficc) markets for the first quarter of this year, while rival Goldman Sachs entered the top three, according to consultancy Coalition.

JP Morgan has achieved revenues of $3.8 billion in Ficc, up from $3.2 billion in the first quarter of 2014 and ahead of Goldman Sachs, Citi and Deutsche Bank.

Deutsche and Citi saw their market shares shrink over the past year, leading to the two banks

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