Wall Street's bond traders are crushing it
Wall Street's most important business is having a bumper start to the year.
Fixed income, currency and commodities (FICC) revenues are set to increase 34% in the first quarter from a year ago thanks to rising trading volumes, according to JPMorgan analyst Kian Abouhossen.
Abouhossen wrote in a note to clients that credit trading businesses have likely done well as a result of increased trading and so-called inventory gains. These are where the positions on a bank's books increas
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