First-half profits at the division were almost 30 per cent lower than a year before as revenue slipped at its core fixed income, currency and commodities division.

由于其核心的固定收益、外汇和大宗商品部门收入下滑，该部门上半年利润比去年同期下降了近30%。

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The decline was pushed by a sharp downturn at the company's fixed income division.

FORBES: Fixed Income Bowls Over Bear

The fixed income division was also slammed by roiled credit markets.

FORBES: Fixed Income Bowls Over Bear

Even employees in the fixed-income division of the institutional securities group are positive, he said.

FORBES