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Wall Street’s slow, devastating decline in one chart

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It has been rough couple of years on Wall Street. 

We’ve written plenty about the job cuts, the high-level departures, the rise of technology, the weak dealmaking environment, the strategic initiatives and the cultural changes. 

Oftentimes, though, a chart or table is as powerful as 1,000 words. With that in mind, here is a chart from Coalition showing revenues at the top 10 banks for the first half of the year from 2011 through to 2016.

Total revenues are down from $ 127.6 billion to $ 103.8 billion, a drop of around 19%. The number one business line, fixed income, currencies and commodities, has seen an even sharper drop, with revenues down from $ 57 billion to $ 38.2 billion, a 32% decline. 

Brutal. 

Screen Shot 2016 09 01 at 1.27.03 PM

Coalition

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The post Wall Street’s slow, devastating decline in one chart appeared first on Business Insider.

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