With FICC Woes Behind Them, Banks Ready To Benefit From Interest Rate Volatility

With bank revenues coming out of their fixed income, currencies and commodities (FICC) trading knuckle-dragging to shockingly low levels, and dulcet volatility putting traders at institutional desks to sleep, there could be hope around the corner for the banks. But with the US Federal Reserve expected to raise interest rates nearly 75 basis in 2018, interest…