Europe is world’s smallest fee pool

A drought of IPO and M&A activity has allowed Asia and the Americas to mop up. But European deals have begun to pick up

After a two-year slump in which Europe has watched the US and Asia-Pacific streak ahead as sources of investment banking fees, one could be forgiven for wondering whether the region might be facing a long-term decline.

Signs of life in mergers and acquisitions and equity capital markets would suggest otherwise, according to bankers.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions