Fees jump in busy July but Goldman and JP Morgan lose share

摘要

July was the busiest month so far this year for investment banking fees, with the industry earning US$9.42bn from bond issues, equity deals, loans and M&A advisory, according to Thomson Reuters figures. Much of that activity was concentrated in the second half of the month, when many issuers rushed to market following an agreement between Greece and its creditors to begin talks on a third bailout. Worries about an imminent default led to many deals being cancelled or delayed previously.