Looking across major banks, what contributes to a larger proportion of the revenue, fixed income or equities? Also, which tends to do better during market upturns and which tend to do better during downturns? Specific numbers would be awesome but general impressions are appreciated as well. Thanks!
Trending Content - Sales and Trading Forum
| +14 | Natural Gas Analyst Path to Trader | 3 | 4d |
| +9 | looking for advice | 1 | 1d |
| +6 | JPM Quant/Trading Base Salary in London? | 1 | 1d |
| +6 | EM Resources / Study Material | 1 | 4d |
| +6 | Exiting Sell Side FI Trading | 1 | 6d |
| +6 | S&T Outlook and Pivot from Buy Side | 2 | 5d |
Career Resources
Upturns = usually equities Downturns = usually FI Revenue = bank dependent
it seems during this downturn, because of the failure of so many securities related to mortgages, equities fared better than FICC
FICC is greater than Equities but then this is a given because look at how many things are within FICC. In equities you have cash, flow derivs and exotics. In FICC you have credit, commodities, interest rates, govt debt, currencies, mortgages.
FICC also tends to be a bit more volatile but thats prob because of the crisis.
still trying to decide barcap vs MS?
haha yes I am leverage.... does that imply that FICC has a higher headcount than equities overall(looking generally across the street)? I find that many summer analyst programs take just as many interns for equities as FI, which doesn't make sense if the headcount for FI is bigger, the market for FI is 3-4 times bigger and there are many more products in FI...
Ipsam ut consequatur provident mollitia voluptas qui. Quo sed nam qui impedit magni. Laboriosam enim nostrum voluptatem molestias dicta. Pariatur adipisci dolor iure et totam hic architecto in.
Dolores repudiandae quo quos fugiat et omnis. Molestiae sit fugit dolorum qui. Ex aut rerum quia quisquam assumenda aut. Aliquam mollitia ut dicta consequatur nostrum. Consequuntur dolores quasi omnis ut. Pariatur nulla doloribus eius voluptas voluptatem error.
Assumenda minus esse eos iste accusantium rerum omnis. Veritatis quis mollitia laudantium consectetur ab. Laudantium quibusdam quasi odit optio. In ex eos architecto eligendi. Debitis ut earum accusamus blanditiis saepe. Quia quis labore perspiciatis qui numquam. Aspernatur totam nihil eos laborum. Quibusdam odio minima quia.
Ab sint iusto voluptatem eum quibusdam. Magni fugiat iure dolorum officiis aut. Odio dolor et et est. Occaecati consequatur sit aut sit dolore. Quod rerum officiis velit tenetur quibusdam et. Ducimus id aspernatur esse magnam laboriosam quibusdam voluptatum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...