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JP Morgan points to FICC fall

Analysts predict the first-quarter revenue pool for large investment banks could fall by as much as 11% in Q1

JP Morgan's banks analysts have become the latest to voice concerns about the impact of lower trading volumes on revenue figures for the first quarter.

Financial News reported on Monday that a fall in trading in the first quarter has raised concerns among senior industry figures that banks will be unable to make up lost ground later in the year, potentially leading to further restructuring at investment banks' markets units.

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