Standard Chartered fares best in mixed Q2 European Ficc results
Client activity remains muted as low volatility and geopolitical uncertainties weigh on sentiment
The top European banks active in fixed-income, commodities and foreign exchange (Ficc) markets experienced mixed results in the second quarter of this year amid dampened client activity on the back of persistently low volatility in foreign exchange, rates and commodities markets.
Standard Chartered fared the best among its European peers. The bank’s income from FX, rates and commodities rose to $750 billion in Q2 2019, an increase of 32.7% on Q1’s $565 billion and a resounding 65.2% jump on the
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