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Investment banks to profit from the ‘politics of rage’

'Favourable volatility' will stimulate trading and hedging, bullish Barclays analysts foresee

President-elect Donald Trump at a rally in Manheim, Pennsylvania, in October.
President-elect Donald Trump at a rally in Manheim, Pennsylvania, in October. Photo: iStock

Europe's investment banks can look forward to a revenue boost of around 6% in 2017, according to analysts at Barclays - and they can thank "the return of rates, and the politics of rage".

The Barclays researchers, Jeremy Sigee and Kiri Vijayarajah, are expecting revenues from trading to be particularly strong, with a 10% jump forecasted in fixed-income, currencies and commodities and 5% for equity trading.

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