Investment Banking

M&A boom offers mixed bag for independent advisers

The impact of the uptick in deals won't be spread evenly among independent M&A advisory houses, analysts warn

M&A boom offers mixed bag for independent advisers

A flood of big deals in recent months should provide a boost to investment banking revenue heading into first quarter earnings season. But that impact won’t be spread evenly among independent M&A advisory houses, warn the analysts at Nomura.

"Despite favorable M&A trends, performance [year to date] for the independents has been highly bifurcated," Nomura analysts led by Steven Chubak wrote.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached