Investment banking gains cushion weakness in banking: Fitch
Fed, OCC say bank hasn't made enough progress at improving controls
Strong debt issuance, M&A expected to be revenue drivers in the quarter
Global revenues up driven by debt issuance, M&A advisory fees, LSEG reports
Surge in mega deals, valuations drive dealmaking activity in first six months of 2024
Both equity and debt issuance rises in the first six months of the year
Firm's controls failed to block massive trading goof
Net interest margins shrink as loans contract, deposit costs rise
Project to examine streamlining settlement for money markets
A rebound in investment banking represents a ray of hope for sector