News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

European investment banking fees nosedive in punishing start to 2019

New figures suggest there will be few bright spots for banks to point to when they reveal first-quarter earnings

European investment banking revenues fell by a third in the first quarter as dealmaking tumbled across all business lines.

The data, coupled with recent dire predictions for sales and trading revenues so far this year, suggest a bruising reporting season is on the cards for the world’s biggest investment banks.

WSJ Logo