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
RBC Capital Markets dominates underwriting league tables
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
Decision to delay capital rules casts doubt on global consistency
Policymakers cite need to maintain a level playing field with U.S. banks
Macro and sector-specific factors favour a rebound in North American deals
Easing financial pressures are expected to slow decline in credit quality, boost loan demand
Strong revenue growth helps overcome rising credit provisions