Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

03 March 2006

IFSL: Growth in global investment banking for third year in succession





According to figures published in the IFSL March Banking report report, revenues generated by global investment banking continued their upward move in 2005. Despite this strong growth, revenues were still 7% short of the 2000 peak.

Aided by recovery in both the global economy and capital markets, M&A contributed to a 38% rise in fee revenue in 2005 and remains the primary source of investment banking income. Moreover, with $2.7 trillion in announced deals last year, M&A growth is set to continue in 2006.

UK banking sector assets reached over Pounds 5,526bn at end-2005, around three times the total a decade earlier. The international nature of commercial banking in the UK is demonstrated by a half of assets being held by foreign banks, mostly from elsewhere in the EU, and over a half of deposits originating from overseas.

Document



© Graham Bishop


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment