Goldman Sachs retains trading income crown

摘要

Goldman Sachs retains its top position in the top 20 global banks by trading income rankings, with net trading income rising 3.3% to $12.6bn in the 2018 review period. JPMorgan, unseated by Goldman in the 2018 rankings, remains in second position, despite a sharp fall in trading income for the review period following a difficult end to 2018. JPMorgan's trading income fell 24.6% to $8.8bn in 2018 due to lower activity on both the fixed-income and equity trading desks, with further falls expected in 2019. Citigroup, which held third position in 2018's rankings, falls to fifth position for 2019, its net trading income falling 20.6% to $7.7bn.