World's best-paid investment banks
)
In the past two years, investment bankers relying on fee income from mergers and acquisitions (M&As) have been optimistic in January, only to see the deal volume fall or remain flat. However, this year might be different, as companies are hiring bankers and M&A lawyers to assess the increasing opportunities. Investment-banking fees generated from advisory services and debt and equity issuance rose 4.9 per cent to an estimated $53.4 billion in 2013, according to data compiled by Bloomberg
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Mar 08 2014 | 9:02 PM IST
