Wall Street banks get a lift from trading Israeli currency, bonds

The world's top investment banks are on track to post the highest revenue in five years from trading Israel's bonds and currency thanks to the volatility caused by the 14-month long war in the Middle East. Banks are expected to post $475 million in fixed-income, currencies and commodities trading (FICC) revenue linked to Israel in 2024, a more than 10% increase from 2023 (Read more at MSN).