(Answered) Ficc is one of the main divisions in an investment bank

Accounting

FICC is one of the main Divisions in an Investment Bank. What does FICC stand for? Other than during 2007 and 2008, how does this division typically rank from a profitability point of view, compared to other Divisions? What happened during these two years, and which part of the FICC Division was most responsible for this outcome?

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