Lower volatility dents global banks’ FICC business in Q1

BW Businessworld | May 13, 2024

With major central banks widely expected to cut rates this year after a cycle of tightening, market volatility in the first three months of the year eased from heightened year-ago levels. The Merrill Lynch Option Volatility Estimate index in the US, for instance, has retreated consistently recently, according to Avishek Suman, investment research director at Acuity Knowledge Partners. Market volatility gives rise to trading opportunities. Notably, a calmer bond market in [the first quarter] negatively impacted FICC revenue of investment banks during the quarter," Suman said

Latest News

S&P Global
Rate Check: Greater visibility on policy path to aid M&A, IPO rebound in 2024

Investment Banking, PE Firms

Read More
Environmental Finance
What is driving ESG investment in private markets?


Read More
Tech experts emphasize diversity on International Women in Engineering Day 2024

innovation, International Women in Engineering Day, Women in Technology

Read More
International Bankers
Global Investment Bankers Are Cautiously Optimistic Amid Market Uncertainty

Investment Banks, Market uncertainty, Mergers and acquisitions

Read More
The mortgage industry is undergoing a major transformation driven by new-age technology solutions

Mortgage Industry, New-age Technology

Read More
S&P Global
Dealmakers expect revenue recovery in 2024 as M&A, IPO dry spell ends – survey

advisory firms, Dealmakers, Investment Banking

Read More