Early indications point to a pretty good start for I-banking in 2014, with several management teams upbeat regarding pipelines and backlogs, notes Jefferies in its recent report. Ken Usdin and team at Jefferies, however, believe 2014 could be another tough year for FICC. Strong I-banking and trading revenues The Jefferies analysts analyzed 4Q13 and full-year 2013 investment banking and trading results of Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM), the domestic brokers Goldman Sachs Group Inc (NYSE:GS) and Morgan Stanley (NYSE:MS) and bulge bracket European peers Barclays PLC (NYSE:BCS) (LON:BARC), Credit Suisse Group AG (ADR) (NYSE:CS), Deutsche…
I-Banking Management Paints Rosy Picture For 2014
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports