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Citi reports strong third quarter in institutional clients group despite fall in equities income

The TRADE

Overall, banking increased 17% – largely driven by this impressive performance in investment banking as well as “bolstered by a rebound in debt issuance and some signs of life in the equity capital markets”. Throughout Q3 Citi has had some significant changes to its personnel.

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Bulge Bracket Banks: 2024 Edition

Mergers and Inquisitions

But the events of 2023, including the UBS acquisition of Credit Suisse and the rise of firms like Wells Fargo, Jefferies, and RBC, have shaken up the traditional list. The name “bulge bracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal.

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How do Banks Make Money? Explanation, Examples

Peak Frameworks

Morgan, which offer services in underwriting and M&A advisory. Investment Banking Activities Investment banks have a dual role; they provide advisory services to corporations and governments and raise capital by issuing and selling securities in the capital markets. Let’s dive into the primary sources.

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Michael Mufson Discusses Investment Banking and Business Exit Strategies

How2Exit

Throughout his career, he has been instrumental in underwriting IPOs for family-held businesses and tracking the evolution of private equity. The discussion dives deep into the evolution of the capital markets, the rise of private equity, and the intricate process behind selling a business. So there are.

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The 20 greatest trading innovations

The TRADE

While perhaps not one of the most exciting aspects of the trade lifecycle, settlement is a central process that acts as a pillar for the capital markets. Unpredictable activity in the markets such as Black Swan events can render algorithms that rely on historical data useless and result in losses for firms.

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