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Morgan Stanley, UBS, Deutsche see worst drops in weak Q2 for i-bank revenues

Sep 12, 2019 - SNL European Financials Daily
Negative Financial Results

The trio booked the weakest second-quarter trading revenues, year over year, among major global investment banks, most of which also posted revenue drops as investor sentiment was swayed by fears over the economy, global trade and rates.

U.S. group Morgan Stanley, Switzerland-based UBS Group AG, and German peer Deutsche Bank AG recorded the steepest year-over-year declines in second-quarter trading revenues among the top global investment banks, according to S&P Global Market Intelligence ...