American investment banks are on track for a record-breaking year, driven by surging trading activity and a surge in mergers and acquisitions (M&A) deals. Executives cite increased confidence in the business environment, lower corporate taxes, and smoother merger approvals as key factors driving this growth.
American investment banks disclosed a record-smashing quarter, helped by surging trading activity around the U.S. election and a pickup in investment banking deal flow.And deal activity is only picking up steam, according to bank executives.
Capital markets activity including debt and equity issuance had already begun recovering last year, rising 25% from the depressed levels of 2023, per Dealogic figures. But without normal levels of merger activity, the entire Wall Street ecosystem has been missing a key driver of activity. That's because they create the need for other types of transactions, like massive loans, credit facilities or stock issuance, while generating millions of dollars in wealth for executives that needs to be managed professionally.
MERGERS AND ACQUISITIONS WALL STREET INVESTMENT BANKS TRADING IPO MARKET
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