Citi's Report on Banks' FICC trading

Zerohedge has a copy of a 61 page research report that Citi released yesterday about the the FICC trading operations at banks. It's probably the best resource available for people interested in learning more about the trading of the asset classes within FICC S&T and the banks that trade them.

Full report: http://www.zerohedge.com/sites/default/files/Citi…

Students will probably find the chart within the report that ranks the banks by each product the most interesting: http://www.zerohedge.com/sites/default/files/imag…

No info or ranking is inlcuded for Citi's trading operations but all of the other banks are ranked.

26 Comments
 

I am working on a project about FICC trading, and I want to learn this business at first, but unfortunately there is few comprehensive materials about FICC. Seems like Citi's Report on Banks' FICC trading might be a good reference. However, the link is dead. So would you mind sending me a copy of this report? Thank you very much! My email address is: sebastian.xiong (at) Hotmail (dot) com

 

I am working on a project about FICC trading, and I want to learn this business at first, but unfortunately there is few comprehensive materials about FICC. Seems like Citi's Report on Banks' FICC trading might be a good reference. However, the link is dead. So would you mind sending me a copy of this report? Thank you very much! My email address is: sebastian.xiong (at) Hotmail (dot) com

 

I am working on a project about FICC trading, and I want to learn this business at first, but unfortunately there is few comprehensive materials about FICC. Seems like Citi's Report on Banks' FICC trading might be a good reference. However, the link is dead. So would you mind sending me a copy of this report? Thank you very much! My email address is: sebastian.xiong (at) Hotmail (dot) com

 

I am working on a project about FICC trading, and I want to learn this business at first, but unfortunately there is few comprehensive materials about FICC. Seems like Citi's Report on Banks' FICC trading might be a good reference. However, the link is dead. So would you mind sending me a copy of this report? Thank you very much! My email address is: sebastian.xiong (at) Hotmail (dot) com

 

I am working on a project about FICC trading, and I want to learn this business at first, but unfortunately there is few comprehensive materials about FICC. Seems like Citi's Report on Banks' FICC trading might be a good reference. However, the link is dead. So would you mind sending me a copy of this report? Thank you very much! My email address is: sebastian.xiong (at) Hotmail (dot) com

 

I am working on a project about FICC trading, and I want to learn this business at first, but unfortunately there is few comprehensive materials about FICC. Seems like Citi's Report on Banks' FICC trading might be a good reference. However, the link is dead. So would you mind sending me a copy of this report? Thank you very much! My email address is: sebastian.xiong (at) Hotmail (dot) com

 

Citi itself is not on there lol....

I don't accept sacrifices and I don't make them. ... If ever the pleasure of one has to be bought by the pain of the other, there better be no trade at all. A trade by which one gains and the other loses is a fraud.
 
derivstrading

Thats because Citi made the report, pretty big conflicts of interest there

ha i know... would've liked to see how they did though

I don't accept sacrifices and I don't make them. ... If ever the pleasure of one has to be bought by the pain of the other, there better be no trade at all. A trade by which one gains and the other loses is a fraud.
 

I am working on a project about FICC trading, and I want to learn this business at first, but unfortunately there is few comprehensive materials about FICC. Seems like Citi's Report on Banks' FICC trading might be a good reference. However, the link is dead. So would you mind sending me a copy of this report? Thank you very much! My email address is: sebastian.xiong (at) Hotmail (dot) com

 

Saepe delectus itaque velit repudiandae dolorem sit quo. Error facere aut omnis dolor ullam numquam quaerat. Vitae officiis hic earum blanditiis quo.

Est quidem corporis expedita aperiam amet totam. Sequi corporis non qui deserunt consequatur sit animi.

Sit quaerat quam possimus omnis quis numquam sit. Doloremque ut velit magnam illo. Rerum aliquid similique qui nam dolore.

Sapiente eos doloribus similique cum molestiae sed maxime. Est sed neque dolorem corporis est quo sit. Voluptas eos qui consectetur. Aut iste voluptas quis ullam ut. Sit recusandae distinctio voluptatem. Qui sunt id labore. Nemo consectetur ad optio minima debitis.

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 

Ut facere rem soluta illum dolorum voluptatem. Et hic repellat deserunt. Rerum magnam earum voluptates autem nemo provident fugit. Porro sit repudiandae occaecati consequuntur aperiam voluptas nulla.

Velit voluptas vero velit voluptate aut. Perferendis molestias voluptatibus nobis molestiae ipsum. Fuga quaerat et ut et recusandae saepe. Ut eos et non beatae. Facere et ducimus et suscipit nihil. Nobis unde commodi recusandae expedita.

Rerum dolorem quidem voluptates ut alias. Ipsum sit perferendis veniam provident. Hic dolorum est delectus saepe architecto commodi enim.

Perspiciatis corporis omnis soluta est quaerat. Ullam error similique voluptas quaerat aut corrupti facere.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”