US banks’ Ficc earnings drop in Q3

Only Citi managed growth versus second quarter and Q3 2017

revenue-drop
On a slide: most US banks had lower Ficc revenues in Q3, compared with Q2 and last year

Amid subdued foreign exchange volatility in the third quarter of this year, most US banks saw their revenues from fixed income, commodities and currencies (Ficc) fall against both the second quarter and the corresponding period of 2017.

Citi, however, bucked the trend and managed to eke a marginal increase over both time periods.

With revenues of $3.2 billion in Q3, Citi topped the US bank Ficc revenue table, supplanting JP Morgan, which slipped into second place.

Buoyed by revenues from

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: