Their stock prices have risen, their bonds have tightened, and now they’ve recorded a couple of good sets of quarterly earnings. One or two even managed record or near-record earnings for the second quarter. So far it has been a good year for US investment and universal banks. Are they finally putting three years of pain behind them?
Bank executives won’t commit themselves. They’ve been caught out in the past predicting upturns and corporate restructuring, or bragging about deal pipelines based more on wishful thinking and wistful conversations than hard, fee-paying mandates.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
