Investment banking Q3 results roundup
Investment banks have produced some dire results over the past quarter, with many suffering their worst performing three months since the collapse of Lehman Brothers in September 2008. The results reflect an industry coming to terms with a future of reduced profitability, poor trading returns, increased capital requirements and more onerous regulation. Here's this week's round-up.
Investment banks have produced some dire results over the past quarter, with many suffering their worst performing three months since the collapse of Lehman Brothers in September 2008. The results reflect an industry coming to terms with a future of reduced profitability, poor trading returns, increased capital requirements and more onerous regulation. Here's this week's round-up.