People

&Markets

17

Rothschild

& Co pairs

up to work on US

energy deals with

Intrepid Financial

Partners, where golfer

Phil Mickelson is an

advisor

17

Wells Fargo

chooses Paris

as its EU trading hub

after Brexit, as the

French capital sees

its popularity among

bankers improve

15

BMO Capital

Markets

promotes investment

bankers Susan

Wolford and Patrick

Kratus in its US

investment bank arm

„ FRONT STORY RESULTS

Goldman, Morgan Stanley take the cake

Pair take banking market share as BAML struggles

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this week, with BARCLAYS, DEUTSCHE BANKûANDû

UBSûALLûDUEûTOûREPORTûRESULTS

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Philip Scipio

Source: Company results, IFR calculations based on

weighted averages

%

-1 5

0

5

10

15

20

JPM Citi BAMLGoldman MS US average

 FICC  Equities  Advisory/underwriting

US BANKS: EQUITIES +8% ON YEAR, FICC -3%,

ADVISORY/UNDERWRITING FLAT