Investment banks in 2Q18, part 2: DCM, ECM and advisory

[Read part 1 of our analysis here for coverage of group and CIB results. Part 3 tomorrow will cover FICC and Equities.]

2Q18 table 9DCM

Biggest fall: Citi (-20%)

TTM: UP 2%
Biggest rise: Goldman Sachs (22%)

Biggest fall: Deutsche Bank (-10%)

The first of our investment banking business lines, and so the first to be based on a smaller universe. Only the US banks, the two Swiss and Deutsche Bank break out their IB numbers into DCM, ECM and Advisory, so the data here are based on these eight.