reported a plunge in fourth quarter profits on Tuesday, as Wall Street dealmakers handling mergers, acquisitions and initial public offerings faced a sharp drop in their businesses in 2022. Rising interest rates roiled markets last year and global investment banking revenue sank more than 50% from a year-earlier quarter, according to data from analytics firm Dealogic.
"I am highly confident that when the Fed pauses , deal activity and underwriting activity will go up," said Morgan Stanley Chief Executive Officer James Gorman on the bank's earnings call. "CEOs and boards tell me they are cautious, particularly for the near term," said Goldman Sachs chief executive David Solomon who said that there was an adjustment period for investment banking to return, as investors or CEOs re-adjust their views about valuations after slides in the market.Solomon also said that the first sign to look for would be in the investment grade debt market.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
แหล่ง: Variety - 🏆 108. / 63 อ่านเพิ่มเติม »