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Wall Street investment bank fees off to the slowest start since 2009
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After a slump in fees last year forced banks to lay off dealmakers and cut bonuses, there is little to cheer so far in 2023 — it's been the slowest January since 2009.
Investment banks hauled in $4bn in January, according to data provider Dealogic, the smallest fee pool in the first month of the year since 2009, when they brought in $3.8bn.
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