Banks reap $1 billion from U.S. mortgage bond trading boom
Global banks earned $1 billion
from trading government-backed U.S. mortgage securities in the
first half of 2019, data shows, a fivefold increase on last year
for what industry sources say is the fastest growing revenue
source in investment banking.
from trading government-backed U.S. mortgage securities in the
first half of 2019, data shows, a fivefold increase on last year
for what industry sources say is the fastest growing revenue
source in investment banking.
Posted by Reuters
