The global M&A industry reported its best quarter since the economic downturn in terms of completed deal size for the second quarter of the year ? making it an extremely profitable period for investment banks around the world. Deals worth $820 billion closed over the quarter compared to $667 billion in the previous quarter. This clearly gave a boost to the advisory fees earned by investment banks, with data compiled by Thomson Reuters estimating an 18% increase in fees for the industry as a whol...
The global M&A industry reported its best quarter since the economic downturn in terms of completed deal size for the second quarter of the year ? making it an extremely profitable period for investment banks around the world. Deals worth $820 billion closed over the quarter compared to $667 billion in the previous quarter. This clearly gave a boost to the advisory fees earned by investment banks, with data compiled by Thomson Reuters estimating an 18% increase in fees for the industry as a whol...
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