Goldman Sachs’s fixed income, currency and commodities engine room avoided the third-quarter splutter it suffered last year, with revenues topping $2 billion and leaving the business ahead of 2013 at the nine-month stage.

FICC revenues reached $7.24 billion over the first nine months of the year, up 5% from the same period in 2013. Third-quarter FICC revenues were $2.2 billion, in line with the second quarter and up 74% from the same period a year ago, when revenues plummeted 44% to $1.3 billion, their lowest quarterly level since the bank first published standalone figures for the unit at the end of 2011.