Today news
About the same in other media
HSBC’s dealmaking unit jumps 69% despite M&A slump
Reading now: 180
fnlondon.comHSBC's investment banking unit surged by 69% in the second quarter as the UK lender benefited from a rebound in debt capital markets activity despite a slump in M&A that has hit its rivals.
The UK lender posted revenue of $252m for its capital markets and advisory business, up by nearly 70% compared with the second quarter of last year. Meanwhile, its much larger markets and securities services division dropped 9% to $2.2bn. Overall global banking and markets revenue was up by 6% to $4.1bn for the period.
HSBC's...
Read more on fnlondon.comAbout this in other media
FTX files motion to exclude its Dubai unit from bankruptcy proceedings cointelegraph.com /1 year ago
Credit Suisse’s collapse amid M&A drought upends the dealmaking pecking order: ‘It’s fair game’ for up-and-coming banks fnlondon.com /1 year ago
Citigroup dealmaker Marina Kvasnikova joins DC Advisory fnlondon.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
