J.P. Morgan Tops IB Revenue Table In Weak Start to Year – Deal Journal – WSJ

J.P. Morgan Tops IB Revenue Table In Weak Start to Year – Deal Journal – WSJ.

nazemi

Wall Street

Is this the dawn of the lackluster fees for the investment banks ? Are we seeing vast changes in how these banks operate ? Should these banks starting cutting even more jobs, downsizing and focusing on other regions ? Maybe it’s just time to call a spade a spade and announce the beginning of the end for this industry.

Investment banks are staring at a steep drop in advisory fees.There has been just $12 billion in global investment banking revenues collected this quarter, the lowest quarterly total since the dismal start to 2009, according to Dealogic.

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