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Wall Street ends worst investment banking year since 2016
Wall Street ends worst investment banking year since 2016
The 100 largest banks by revenue made $77.1 billion from mergers and acquisitions and equity and debt issuance in 2022, a 38% drop from the previous year, BCG Expand Research in London said. The value of global dealmaking slumped about a third to $3.6 trillion last year, according to data compiled by Bloomberg.
The 100 largest banks by revenue made $77.1 billion from mergers and acquisitions and equity and debt issuance in 2022, a 38% drop from the previous year, BCG Expand Research in London said. The value of global dealmaking slumped about a third to $3.6 trillion last year, according to data compiled by Bloomberg.