Wall Street’s investment banks riding wave of IPOs, mergers and new debt
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Article Excerpt
Wall Street’s investment banks riding wave of IPOs, mergers and new debt
MANYA SAINI
REUTERS
PUBLISHED 1 HOUR AGO
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A broad revival in investment banking is taking hold on Wall Street, fuelled by a surge in IPOs, mergers and debt issuance.
The biggest U.S. banks said this week that deal activity is strengthening across their investment banking businesses, suggesting the broad-based recovery that has eluded the industry for years is gaining momentum. Investme…
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