The bank posted $ 1.6 billion in revenues from investment banking, down 7 % «driven by lower debt and
equity underwriting fees, which were partially offset by higher advisory fees.»
The five largest U.S investment banks reported $ 1.7 billion in
equity underwriting fees in Q1 2018 — almost identical to the figure reported in Q1 2017 as well as Q4 2017.
However, as total
equity underwriting fees for all investment banks globally fell to below $ 4.9 billion from ~ $ 5.1 billion over...
The bank was ranked No. 1 for
equity underwriting fees in the first quarter, according to Thomson Reuters data.
Not exact matches
That comes with some significant
underwriting and guarantee requirements (typically 30 percent cash
equity and origination
fees of at least 3 percent), but the advantages are worth it.
A total of $ 797 billion of
equity capital was issued globally in 2013, up 27 % from a year earlier, while
underwriting fees rose 34 %, according to Thomson Reuters.
CORPORATE FINANCING NEWS By Gordon Platt A total of $ 797 billion of
equity capital was issued globally in 2013, up 27 % from a year earlier, while
underwriting fees rose 34 %, according to Thomson Reuters.