World's ten largest investment banks' revenue is on course to decline

World's ten largest investment banks' revenue is on course to decline

Merrill Lynch in San Diego, California. Photo: REUTERS/Mike Blake

Revenue at the world’s 10 largest investment banks is on course to decline again in 2015 by two percent to $148 billion compared to a year ago, although a strong showing in equities will limit the fall, a survey on Tuesday showed.

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