FY18 vs FY17 % change heatmap

1 CIB is ICS+IB at GS, IS at MS, GB+GM at BAML, CIB at JPM, ICG at Citi, CIB at DB, CIB at BARC, IB at UBS, GBM at HSBC, GMIS+F&A at SG, CIB-related at CS, CIB at BNPP
2 BARC, BNPP, SG and HSBC do not break out DCM/ECM/Adv revenues
Source: Euromoney, bank results announcements
What they said about…ADVISORY (Percentage change figures are 4Q18 vs 4Q17, then FY18 vs FY17)
Bank of America Merrill Lynch (-7%, -26%): Slightly up in 4Q, but lower for the year.
Barclays (n/a): A record year for the fourth year in a row, but was more than offset by the falling in underwriting fees.
Citi (+47%, +16%): Strong 4Q growth but offset by a decline in underwriting.
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