After basically minting money for decades from the buying and selling of bonds, currencies, and other financial products, earnings at investment banks have decreased significantly in recent years. In 2013, fixed-income trading generated nearly $103 billion in income for the top dozen investment banks, according to Coalition, a London-based research firm. By 2016, income in this sector dropped to less than $76 billion. Overall revenue at the top 12 investment banks declined to $150 billion in 2017, a 4 percent decrease from 2016, according to Coalition. Factors that have reduced profits in the investment banking include:
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