Latest Articles
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JPMorgan Reclaims Top Spot In Global Debt Capital Markets In Q4 Despite Subdued Activity Levels
Global debt capital markets ran out of steam over the last quarter of 2017, as companies around the globe raised just $1.6 trillion in debt for the quarter – down from almost $2.1 trillion in the previous quarter. This was largely expected,...
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Largest U.S. Banks Likely To Report Higher Equity Underwriting Fees Despite Losing Market Share
The fourth quarter of the year is usually a slow period for the global equity underwriting business, but the rally in equity markets worldwide in Q4 2017 helped equity capital markets recover from the sub-par levels seen in Q3 2017. Although ther...
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Morgan Stanley’s Equity Underwriting Fees Receive A Boost In Q4
Upbeat equity market conditions over the last quarter of the year had a positive impact on the total volume of equity underwriting deals for the period, with companies around the globe raising almost $195 billion through IPOs and FPOs. This repre...
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Largest U.S. Banks Expected To Report Lower Q4 M&A Advisory Fees As Market Shares Fall
The last quarter of 2017 proved to be an overall weak period for the global M&A advisory industry in terms of deals closed despite the flurry of new M&A deals announced over the period. At the same time, the period witnessed record numbe...
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Citigroup’s M&A Advisory Unit Ends 2017 On A High Note With A Role In Deals Worth $155 Billion In Q4
The global M&A industry reported a spurt in activity over Q4 2017, with companies around the world announcing almost $1.2 trillion in deals for the period . This marked a 40% jump from the $837 billion in deals announced for the previous quar...
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Bank of America’s Shares Saw A Strong Performance In 2017, Even As Banking Sector Underperforms
The year 2017 was characterized by an upbeat equity market, with the strong economic outlook at the beginning of the year being supported by steady growth in corporate profits. While the Fed’s decision to raise benchmark interest rates at r...
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Why Citigroup’s Loan Charge-Off Rates Are More Than Double U.S. Industry Average
Charge-off rates across U.S. commercial banks fell to a low of 0.41% in 2015 due to a combination of upbeat economic conditions and a release in loan provisions from the elevated levels they were at in the wake of the economic downturn. While th...
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Wells Fargo Off The Hook As Regulators Find No Major Issues With Bank Resolution Plans
Earlier this week, the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) cleared the resolution plan for each of the eight largest U.S. banks – making this the first time since the annual process was introduced as a part ...
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Mortgages Make Up 30% Of Total Loans For Largest U.S. Banks
The five largest U.S. banks have notably different areas of focus when it comes to lending, with Wells Fargo concentrating considerably on mortgages, while Bank of America and Citigroup target growth primarily in the commercial lending and credit...
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Wells Fargo’s Net Interest Margin Shrinks In Q3 Despite Rate Hikes
The U.S. banking industry has seen net interest margins gradually improve from the all-time lows it reached in early 2015 thanks to the series of rate hikes implemented by the Federal Reserve since December 2015. While the average net interest ma...
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Loan-To-Deposit Ratios For Largest U.S. Banks Slide In Q3
Loan-to-deposit ratios (LDRs) for the largest U.S. banks have yet to recover from the steady decline that has been witnessed since 2010, even though the average figure for the U.S. banking industry has been upbeat over the last few quarters thank...
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Wells Fargo’s Shrinking Loan Portfolio Drags Down Market Share Of Largest U.S. Banks
The total loan portfolio of the five largest U.S. banks crossed $3.7 trillion for the first time in Q3 2017. However, outstanding loans for these banks have grown by just 1.8% over the last twelve months – a figure that is roughly half the ...
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The Five Largest U.S. Banks Hold More Than 40% Of All Deposits
Total deposits for the five largest U.S. banks have grown by 4.3% over the last twelve months – above the industry-wide growth figure of under 4%. This is a commendable feat by these banking giants, given their massive deposit base which av...
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Shareholder Payouts, Trading Performance Weighing On U.S. Banks’ Capital Ratios
A sharp reduction in volatility in the U.S. capital markets hurt trading revenues across the industry over the last two quarters – resulting in a notable decline in earnings for the banks that rely more on securities trading to make money. ...
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JPMorgan’s Q3 Card Purchases Up 13%, Outpacing Industry Growth
JPMorgan’s growing presence in the affluent card segment over recent years, coupled with its position as the largest card lender in the U.S., has helped its card purchase volumes grow at a faster rate than any of its competitors. The larges...
