Record Investment Banking Revenue In 2021 Shows Benefit Of Diverse Business Mix
Strong Performance Driven by Equity Capital Markets, M&A and Equity Gains May 17, 2022 | Stamford, CT — Equity capital markets growth, led by the special purpose acquisition company (SPAC) boom, heightened M&A activity, and improved performance by equities and spread financing products, was one of the largest contributors to a surge in investment banking revenues in 2021. The Coalition Index for Investment Banking, which tracks the performance of the 12 largest investment banks globally, show overall revenues increased 6% year over year – a remarkable result given an unprecedented 2020. Q1 202...