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Credit Suisse leads $26.4bn decline in dealmaking fees as boom fades
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Dealmaking fees slumped by $25bn in the first nine months of the year for the world's largest investment banks, with Credit Suisse's near-60% decline the sharpest fall of any major firm.
The top 10 investment banks made $26.4bn in fees from dealmaking in the first nine months of 2022, a 48% decline in the same period last year when revenue reached record highs, according to data provider Dealogic.
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