Browsing: Market Conditions

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2022 was Another Strong Year for Bulge Bank Equities Despite Faltering Markets

02/28/2023
The ten largest equities franchises posted 2022 revenues which were the second highest ever, thanks to a strong first half.  Revenues fell precipitously in the fourth quarter, boding ill for ...
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2022 US Equity Commissions Fell 18% According to Bloomberg

02/14/2023
U.S. institutional equity commissions shrank to $7.3 billion in 2022, down $1.6 billion from a buoyant $8.9 billion in 2021.  IPO volumes fell as market values collapsed, creating a more ...
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U.S. IPO Activity Posts Pathetic Close to 2022

12/29/2022
US IPO activity posted an extremely weak performance in December 2022 as only 1 new deal was priced during the month, 89% below the level of deals priced during the ...
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Wall Street Bankers to Receive Lumps of Coal in 2022

12/26/2022
According to Bloomberg, J.P. Morgan, Bank of America Merrill Lynch, Goldman Sachs and other investment banks are considering slashing bonuses by up to 30% in 2022.  In addition, a number ...
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US Equity Commissions Resume Decline, Falling 10% in Latest Coalition Greenwich Survey

08/31/2022
The downward trend in US equity commissions reasserted itself after a brief respite during the frenzied pandemic trading, shrinking 10.1% for the 12 months ended March 2022, according to the ...
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Independent Research Firms Top Investment Banks for Buy Recommendation Performance

08/23/2022
The buy recommendations from independent research boutiques have bested their investment bank rivals over the last three years, according to performance information collected by Investars, a research performance measurement and ...

Equity Hedge Funds Begin Second Half of 2022 with Gains

08/15/2022
According to Chicago-based hedge fund research and consulting firm HFR, hedge funds posted a modest 1.3% gain in July, despite accelerating inflation, interest rate hikes by the US Federal Reserve, ...
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A Day in the Life from my Sell-Side Days

05/27/2022
This account of a junior sell-side analyst's work day was authored by Dick Toad, the pseudonym for a former sell-side tech analyst who also worked for two long/short hedge funds.  ...
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Will Plunging ECM Deals Leads to Layoffs?

04/20/2022
Equity offerings in Europe, the Middle East and Africa have plunged almost 70% so far this year, while the number of IPOs in the US during the 1st Qtr 2022 ...
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Active Managers Continued to Under Perform Passive in 2021

04/08/2022
Most active US equity funds fell short of their passive counterparts for the eighth consecutive year, according to analysis by S&P Dow Jones Indices. 80% of all domestic US funds ...
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