Corona trade sends revenues at investment banks soaring

Revenues at the world's largest investment banks have increased by up to 30 percent over the recent period, say insiders and analysts.

Trading floor at stock exchange. | Photo: Spencer Platt/AFP/Ritzau Scanpix

Investors have traded more than usual in an attempt to cushion the effects of the corona crisis, and this has sent revenues at investment banks soaring by up to 30 percent in the first quarter of 2020.

The Financial Times has spoken to traders and analysts, who have reported that the past few weeks have been among the busiest they have ever experienced - for some, even busier than during the financial crisis.

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