Sentence examples for income operations from inspiring English sources

Nomura is capitalizing on the retreat of some Wall Street firms and shoring up its fixed income operations in the United States.

The arrival of Mr. Dougan, who previously oversaw the equity and fixed income operations, led to a mini-exodus of loyalists of Mr. Mack, including the former chief operating officer, Tim Nides, who came in with Mr. Mack, and Steven Volk, a high-producing banker who left at the end of July to join Citigroup.

First-quarter profit rose 3%, to $5.44 billion or $1.04 a share, which beat expectations by two cents, driven by gains in consumer banking and record results in fixed income operations.

Quarterly profit at Bear Stearns rose 13percentt, as its fixed-income operations had a record quarter.

Mr. Assaf has been in the business for 23 years, and helped HSBC's global markets unit grow its fixed-income operations in Europe.

Morgan Stanley scaled back its fixed-income operations after the 2008 crisis, leaving an already-damaged franchise unprepared for the bailout-fueled recovery the next year.

But the pain in the fixed-income operations — called that because of the fixed interest rate that most bonds pay — has been particularly acute.

However, Mr. Moynihan did not address the prospects of proprietary trading and fixed-income operations, which were responsible for most of the third quarter's losses.

At all the firms, the United States fixed-income operations experienced heavy losses from mortgage-related securities and write-downs of the value of leveraged loans.

Nearly all of its fixed-income operations sharply declined, including a $607 million blow from bad trading bets and a $527 million loss from its packaging mortgage bonds, leveraged loans and other asset-backed securities.

"It's just like the late 1970s, when bond yields were lower than inflation," says Harold Woolley, a Bessemer Trust managing director who heads fixed-income operations.