Bank of America led the pack of major banks in equity trading when it comes to year-on-year (YoY) change for Q1 2024, hitting US$1.9 billion – a 15% YoY increase.
The firm’s equity underwriting more than doubled across the same period – 116%.
Goldman Sachs saw a 14% YoY increase in Q1 2024, hitting US$2 billion in Q1 2024. Goldman’s equity underwriting increased 45% over the same period.
JP Morgan saw its equity trading figure hit US$2.7 billion in Q1 2024, remaining essentially unchanged YoY.
Citi’s equity trading hit US$1.2 billion in Q1 2024, a 5% YoY increase while its equity underwriting increased 57% over the same period.
©Markets Media Europe 2024
