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Banks on course for blockbuster 2024 trading revenues

Numbers for fixed-income and equities trading expected to surpass 2022 when invasion of Ukraine rocked markets
The industry is expected to bring in almost $225bn in trading revenues in 2024, research group Coalition Greenwich has estimated

Banks are on course to generate their highest annual trading revenues since 2010, as equity derivatives and credit deals help rejuvenate a business that stagnated at the end of the past decade.

The industry is expected to bring in almost $225bn in trading revenues in 2024, according to estimates of performance from more than 250 banks by Coalition Greenwich, an industry research group.

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