Barclays and Deutsche Bank Experience FICC Pain – ValueWalk Premium
FICC Share

Barclays and Deutsche Bank Experience FICC Pain

Barclays PLC (NYSE:BCS) (LON:BARC)’ second-quarter drop in FICC revenues by 22 percent year-on-year is only temporary, according to Citi Research in a recent report.

Andrew Coombs and team at Citi Research forecast a rebound in Barclays PLC (NYSE:BCS) (LON:BARC) FICC revenue to £6.22 billion in 2014, as the analysts don’t anticipate the 2Q and 3Q 2013 rate environment to prevail in 2014.

FICC performance screens poorly on leverage

Citi analysts observe Barclays PLC (NYSE . . .

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