Investment banking is the engine room of global capital markets. In 2025, the industry generated well over $100 billion in fees worldwide – a record since the post-pandemic boom.
It was a year defined by a surge in mega deals, the growing influence of AI on corporate strategy, and persistent macro and geopolitical volatility that tested the judgement of every major franchise. It is a business that demands the best – and, every so often, someone redefines what that means.
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