US banks see sizeable Ficc revenue increases in Q1 2016

Quarter on quarter revenues were higher, but substantially down from those of Q1 2015

numbers

US banks saw their revenues for fixed income, commodities and currencies (Ficc) substantially increase in the first quarter of 2016 compared with the fourth quarter of 2015, with Bank of America Merrill Lynch (BAML) seeing growth of more than 50%.

However, this quarter's returns were somewhat subdued when compared with those of the corresponding quarter of 2015.

BAML's Ficc revenues in Q1 jumped 54% to $2.4 billion from $1.6 billion in the fourth quarter of 2015 and remained flat compared with

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

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: