Today news
About the same in other media
Fee haul slips by 41% for Wall Street banks as Ukraine war hits deals: ‘Clients are holding their breath’
Reading now: 182
fnlondon.comFees for the top five Wall Street investment banks slumped 41% less in fees during the first quarter, as a pause in M&A and whipsawing equity markets in the wake of Russia's invasion of Ukraine have threatened a deal boom that led to a bumper 2021.
JPMorgan, Goldman Sachs, Morgan Stanley, Bank of America and Citigroup are set to make $7bn in investment banking fees in the first quarter of 2022, according to data provider Dealogic, nearly $5bn less than at the same point last year.
Overall,...
Read more on fnlondon.comAbout this in other media
Ukraine war may create 'more hunger' and 'social unrest', warns IMF chief euronews.com /2 years ago
IMF to lower global growth forecasts due to Ukraine war and Covid theguardian.com /2 years ago
ECB Confirms Plan to End Bond Buys as Ukraine War Boosts Inflation wsj.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
