Investment bankers' fees rise to 7-year high

Fees earned for investment banking services rose 7% in 2014, representing a seven-year high, as bankers handled the greatest value of mergers and acquisitions (M&A) since 2007.

Reuters reports that five years after the end of the financial crisis, investment banking fees totalled $83.9bn as of December 17, up from $78.4bn in the same period in 2013, according to Thomson Reuters data.

Albeit far off a 2007 peak of $101.8bn, fees have rallied thanks to a deal-making frenzy and a revival in share offerings. Renewed confidence among large corporations spurred multi-billion deals in the healthcare, telecoms, and consumer sectors.

To access the complete Reuters article hit the link below:

M&A boom helps push investment banking fees to highest level since 2007

JPMorgan data breach entry point identified - NYT

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...

Register for HITC Business News