Wall Street Sees Glimmer of Hope for Investment-Banking Revival
(Bloomberg) — After more than a year in the dealmaking doldrums, Wall Street giants are finally seeing signs of life in their capital-markets businesses. Bank of America Corp., Morgan Stanley, JPMorgan Chase & Co. and Citigroup Inc. all beat analysts’ expectations for equity-underwriting revenue in the second quarter, with all but Citigroup earning more than […]
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Banking