GTB Revs Highest Since 2010

March 27, 2019
BankingRevenues at the 10 largest global transaction banks in 2018 hit their highest level in eight years, according to research firm Coalition. The company said a “cash management surge and stabilization in traditional trade finance” fueled the increase. The banks’ total revenues rose 9% year over year to $31.3 billion in 2018. The strong growth trend seen in the first half of 2018 continued through to the end of the year, Coalition said.

Leave a Reply

Your email address will not be published. Required fields are marked *