Thursday, June 30, 2011

Ten of the world's leading investment banks have reduced revenues in I quarter by 5%

Proceeds of ten leading investment banks in the world has decreased in the I quarter of 2011 by 5% to 52 billion dollars, informs Reuters referring to the London researchers from the company's Coalition. Decrease in revenue of ten largest banks was due to lower returns on deposits and fixed income analysts said. On earnings of investment banks largely influenced foreign policy and foreign economic conditions, particularly anxiety in Arab countries, natural disasters, rapid fluctuations in energy prices and the general climate of economic uncertainty, experts say. On the state of uncertainty mentioned in the beginning of May and Barack Obama. He said that the U.S. economy recovers from the crisis only a few years. Obama said that he would personally monitor the dynamics of oil prices, and noticed that the Arabic crisis played a role in the rise in energy prices. On materials bfm.ru

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