The top 12 investment banks struggled with equities trading in the first quarter but bounced back in FICC trading.
FICC trading revenues remained flat in the first quarter at Goldman Sachs, as its rivals reported significant increases.
Joseph Mauro joined the fund manager as head of markets, and will be part of a new macro fund launch in 2017.
Investment banking revenue in 2016 expected to decline for fourth year in a row.
Fixed income pre-trade transparency and the number of instruments will see less firms opting in to become a systematic internaliser.
Fixed income and commodities sales again identified as major contributor to lower revenues, though cash equities are also struggling.
Head of US treasury trading and a junior treasury trader at JP Morgan sacked due to breaching control procedures.
Fixed income, currency and commodities revenues across top investment banks have plummeted 40% over the last 5 years.
SocGen's equities and FICC revenues increased in 2015, but decreased in fourth quarter due to 'unfavourable' market conditions
Goldman responds to 13% fall in FICC revenue by trimming headcount.