Q2 2014 U.S. Investment Banking Round-Up: Equity Underwriting

The global equity markets demonstrated a marked turnaround in Q2 2014 after a rather soft performance in the first quarter. Equity deal volumes of $282 billion for the period represented a 50% improvement quarter-on-quarter and a 40% growth year-on-year. Naturally, the strong market conditions were expected to translate into a similar revenue growth for the banks.