After an Explosive Year, What Does 2022 Have in Store for Investment Banks?
Investment banking has been blistering hot this year. Deal activity skyrocketed, and investment banks generated record fees.
According to S&P Global Market Intelligence, merger and acquisition (M&A) activity has generated $3 trillion in deal value globally across over 35,000 deals. According to Refinitiv, the value of U.S. deals through November totaled $2.3 trillion, the highest ever recorded.
Investment banks have enjoyed favorable conditions, and as a result, their revenue from these activities exploded higher in 2021. After such a strong year, what could 2022 possibly have in store for investment banks?
Source Fool.com
