Which is the best bank and business to work for in your region?
Want to work for a business and a bank that's growing in your business and your region? Make your choice with care. Although we're fast approaching the end of the second quarter, banks' performance by region and business was very disparate in Q1.
The charts below, based on estimates from banking strategy firm Tricumen, show just how disparate. Tricumen thinks Barclays did badly in Europe, but better in the U.S. Banks like Credit Suisse, that did badly in M&A in Europe and the U.S. in the first quarter of 2017 compared to the first quarter of 2016, did much better in M&A in Asia. Goldman Sachs, which seemed to do badly everywhere in Q1, actually out-performed in revenue terms in European and U.S. rates and Asia Pacific credit trading.
No bank did well in all markets in all regions. One bank did badly everywhere, however: HSBC. Meanwhile, Tricumen confirms the comparative strength of the trading division at RBS - which would surely be threatened if the political turmoil in Britain ends with Jeremy Corbyn and John McDonnell in power.
Comparative first quarter performance by bank and business in Europe, the Middle East and Africa (EMEA)
Comparative first quarter performance by bank and business in the Americas
Comparative first quarter performance by bank and business in the Asia Pac
Contact: sbutcher@efinancialcareers.com
Photo credit: Fragile Planet by Dave Ginsberg is licensed under CC BY 2.0.