Hi all,
The earnings from the major financial institutions have been released. The benchmark source for revenue which is the fixed-income has been down (other than Morgan Stanley), equities (a lot of it are machine-driven), and investment banking business has been as usual. Goldman seems like they are going to reduce much of equities business and JP Morgan made a devastiture of commodities unit. So I wonder what area or product could be the next big revenue generator for big banks especially their investment bank unit? What strategy are the banks pursuing for the next 5 to 10 years? How are they with derivatives business? Could that business be something the next big thing?
Ut non commodi accusantium dignissimos. Voluptatem nam iusto natus autem in et minus.
Pariatur optio soluta commodi praesentium. Soluta quos autem nobis nihil enim et non laudantium. Inventore quae est ipsa voluptatem.
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