An upswing in cash management has ended the two-year decline of global transaction banking revenues, according to the latest statistics released by data analyst Coalition. Over the first half of 2017, the world’s 10 biggest transaction banks collectively generated $13.8bn, up 4% on the first half of 2016.
The data reveals an increasingly divided industry. Cash management revenues are at their highest – and trade finance at its lowest – since the index began six years ago.
