And net revenue for fixed-income sales and trading more than doubled, to $1.5 billion.
Later he was at Lehman Brothers working in fixed-income institutional sales.
Most of the layoffs were in fixed-income sales and in the money market division, officials at the firm said.
She was until recently a vice president for fixed-income sales at Nomura Securities International in New York.
Equity underwriting surged almost fourfold, to $201 million, and fixed-income sales rose 60 percent, to $224 million.
At State Street Research in Boston, which sells through brokers, fixed-income sales were flat.
His father is the senior managing director of fixed-income sales at Bear, Stearns in New York.
She is the head of fixed-income sales in New York at Credit Lyonnais, the French bank.
But if you're in fixed-income sales and trading or you're a systems guy, this has been a good year.
Her father is a senior managing director of fixed-income sales at Bear, Stearns & Company in New York.