Investment bank revenue could jump 5.7 in 2025, Coalition says
Income could grow to 316 billion globally, estimates show
MA rebound anticipated as U.S. economy charges on
LONDON, Dec 6 Reuters Presidentelect Donald Trump39;s return to the White House is seen fuelling a dealmaking revival that could bolster investment banking income to 316 billion globally next year, a jump of about 5.7 on 2024, data seen by Reuters shows.
MA bankers are forecast to rake in about 27.6 billion in fees, according to previously unreported figures from analytics and insight provider Coalition Greenwich, in what could be their secondbest year in at least two decades.
Global investment banking income has only topped 300 billion five times in the last 20 years, the data shows, with earnings power in recent years stifled by the pandemic, inflation and global political unease.
Trump39;s probusiness leanings should help an already thriving U.S. economy, which could in turn encourage greater volumes of crossborder dealmaking and investment from European firms chasing growth, bankers said.
I know it39;s that time of year where bankers love to be bullish, but we actually do think that the current climate political clarity and macro stability will help drive MA, Richard King, head of corporate banking, EMEA, at Bank of America said.
There39;s a lot of pent up demand that will likely come through in 2025, he said, pointing to private equity as well as acquisitive trade buyers across a range…