Fitch: US GTUB Strong Advisory Won't Offset Weak Debt Trading

CHICAGO & NEW YORK–(BUSINESS WIRE)–US global trading and universal banks’ (GTUBs) advisory fees will reach record numbers for 2015, but the contribution will not be enough to overcome declines in fixed income, currencies and commodities trading (FICC) and debt/equity underwriting, says Fitch Ratings. Overall, across the five US GTUBs, Fitch sees full-year 2015 capital markets revenue holding roughly steady, at best, barely beating 2014’s full-year mark of $102.0 billion. Advisory fees, mostly
Source: BusinessWire-Primary

Fitch: US GTUB Strong Advisory Won't Offset Weak Debt Trading