After a notable drop in leveraged loan revenue in 2022, dealers saw a rebound in 2023 with U.S. revenue topping $900 million. That total represents a 16% increase from 2021 and a 29% jump from 2022, according to a new study from Coalition Greenwich.
New data on bank lending shows just how tenuous the situation is for companies and the economy as a whole as the world waits to see whether the U.S. Federal Reserve will cut interest rates in 2024.
European corporates are consolidating their banking business with key relationships that provide superior service quality, robust digital platforms and comprehensive international networks.
Traditional asset managers could face an increasingly challenging marketplace in Japan as asset owners slow expectations for manager hiring and shift allocations in the direction of alternative and private assets.
Efficiency efforts in the derivatives market are being driven both by headwinds in the form of regulation and economic pressures, and the tailwind of strong projected volume growth amid continued global market volatility.
A shrinking commission pool and increased concentration of equity trading volumes among lead brokers are increasing revenue pressure on smaller brokers in the U.K. and continental Europe.
Fixed-income investors are more likely than equity investors to view environmental, social and governance (ESG) criteria as an important factor in their investment decisions.