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Top dealmakers say $122bn frenzy will continue into 2022: ‘I see no sign of a let-up’
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The deal boom that has hauled in record fees for investment banks in 2021 is likely to continue for at least the first six months of next year, according to some of the top investment bankers in the City.
Investment banks have reaped $122bn in fees in 2021, an unprecedented boom for the sector as takeovers, Spacs, and initial public offerings have surged at various points throughout the year. This is up by 37% on 2020, according to data provider Dealogic, with European revenues increasing by 41%
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