U.S. Banks Report One Of The Worst Trading Performances Since The Downturn

2014 was a lukewarm period for investment banks around the globe in terms of trading revenues ? especially since all major players in the debt trading industry fared poorly over the last quarter from an unexpected increase in volatility for the month of December. This did not bode well for the banks, which have already seen lower revenues from their trading desks in the wake of increased capital requirements as well as stringent regulations such as the Volcker Rule (which restricts proprietary t...