European Investment Banks’ Revenue Rebounds in September

HFA Padded
HFA Staff
Published on
Updated on

UBS AG (NYSE:UBS) analysts Daniele Brupbacher, John-Paul Crutchley and Mate Nemes see a slightly optimistic picture for revenue at investment banks during September 2013. Q3 outlook for revenue However, despite the improvement in September, Q3 is likely to be a weak quarter for investment banks. Segment-wise revenue trends forecast for Q3 are summarized below: FICC: -19% (y/y), -11% (q/q) Equities: +5% (y/y), -20% (q/q) IBD: -4% (y/y), -16% (q/q) (Banks included: Barclays PLC (NYSE:BCS) (LON:BARC), Credit Suisse Group AG (NYSE:CS), Deutsche Bank AG (NYSE:DB) (ETR:DBK), BNP PARIBAS (BIT:BNP) (EPA:BNP) (OTCMKTS:BNPQY), Societe Generale SA (ADR) (OTCMKTS:SCGLY) (EPA:GLE), Bank of America Corp…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.