U.S. Bond Traders Extend Gains Over Europeans, Citigroup SaysBy
American firms’ FICC market share is now up 9.5% since 2006
Credit Suisse, UBS lost ground; Barclays bucks trend
U.S. investment banks extended their trading advantage over European rivals in the first quarter, and have now snatched almost 10 percentage points of market share since 2006, according to Citigroup Inc.
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