Global M&A volume was up 39% to $1.4 trillion in the first half of the year. However, revenues only increased 13%, further evidence of the fact that M&A advisory is not the guaranteed meal ticket it used to be.
According to first-half data by Dealogic, UBS increased its global advisory revenues the most over the period, with realized fees from deals announced or completed up by 50% during the first six months of 2005. It also advised on the two biggest deals of the first half of...
