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Barclays CEO Venkat sees trading boom fading next year
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Barclays' chief executive warned that the boom in trading revenue that has helped banks offset a slump in dealmaking fees so far in 2022 is likely to ebb in the second half of next year.
C.S Venkatakrishnan said the whipsawing markets that have led to sharp increases in trading revenue across banks are likely to continue into 2023, but will decline in the second half of the year.
"I...
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