Industry Analysis & Industry Trends
The Investment Banking and Securities Dealing industry has been on a roller coaster ride since the beginning of the five years to 2012. The recession, highlighted by contracting equity markets and low business confidence, destroyed initial public offerings (IPOs) and merger and acquisition (M&A) activity. However, revenue has recovered since then and will likely continue over the next five years. Specifically, strong revenue growth in IPOs and M&A activity will drive marginal growth over the five years to 2017... purchase to read more
Industry Report - Industry Investment Chapter
Investment banking activities are labor intensive, and wages are the largest expenses in this industry. Labor expenses include the wages, discretionary bonuses and benefits paid to professionals and administrative staff. Industry participants have increased investment in technology as they attempt to improve efficiency and lower processing and administration costs. One factor that has positively affected these areas is the increased development of online services. Information technology and communication spending remain important, particularly given the global nature of investment banking.
From late 2008 and onward, investment banking services are predominately provided by bank holding companies rather than independent investment banks... purchase to read more