JP Morgan dominates G10 FX revenues for 2017 – survey
Coalition’s investment banking survey shows the US dealer garnering the highest revenues in the space; HSBC jumps to second place
JP Morgan has retained its top position in G10 foreign exchange on a global revenue basis in 2017, but HSBC reshuffled the top-three spots by jumping into second place, ahead of Deutsche Bank, according to a yearly survey by financial consultancy Coalition.
HSBC’s strong showing saw Citi slip out of the top three and enter the fourth-to-sixth rankings with Bank of America Merrill Lynch (BAML) and Barclays.
In contrast, full-year revenues for 2016 placed Citi in second place, together with
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