News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fixed income decline to hit revenues

A big drop in fixed-income revenues this year will mean investment banking earnings remain flat, despite growth in mergers and acquisitions and equities, according to Morgan Stanley analysts.

They predict global investment banking income will be $179.4bn (€136.3bn) this year, just 0.2% less than last year's total.

WSJ Logo