Advertisement
New Zealand markets closed
  • NZX 50

    11,755.17
    +8.59 (+0.07%)
     
  • NZD/USD

    0.6029
    -0.0005 (-0.08%)
     
  • NZD/EUR

    0.5588
    -0.0006 (-0.10%)
     
  • ALL ORDS

    8,022.70
    +28.50 (+0.36%)
     
  • ASX 200

    7,749.00
    +27.40 (+0.35%)
     
  • OIL

    79.70
    +0.44 (+0.56%)
     
  • GOLD

    2,373.30
    +33.00 (+1.41%)
     
  • NASDAQ

    18,205.85
    +92.39 (+0.51%)
     
  • FTSE

    8,434.40
    +53.05 (+0.63%)
     
  • Dow Jones

    39,516.91
    +129.15 (+0.33%)
     
  • DAX

    18,774.76
    +88.16 (+0.47%)
     
  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • NZD/JPY

    93.8310
    +0.0630 (+0.07%)
     

Bank of America: Can Trading Activity Rebound in 1Q18?

Bank of America: Can Trading Activity Rebound in 1Q18?

Goldman Sachs (GS), considered a major player, saw a steep decline in trading income for 2H17. Bank of America (BAC) and Citigroup (C) managed lower declines on a deployment of technology, penetration, and diversified offerings. In 1Q18, markets have seen a bumpy ride with a decline in valuations for equities, largely due to four rate hike expectations instead of three in the current year.