07 Mar 2023 | Financial Services | blogs
Bonus Cuts, Layoffs, Lawsuits & Crashes! Doomsday at Wallstreet?
The Global Investment Banking (IB) revenue took a massive plunge of 40% last year as the industry witnessed a historical downfall from $57.4 billion in 2021 to $35.6 billion in 2022.
From revenue droughts to market shocks, and from legacy systems to mass layoffs, the sector continues to get shockers from regulatory, competitive, geo-political, and macro-environment.
Dive into Jasper Colin's exclusive coverage of the global IB sector on how players are gearing up for a more gloomy future, hunting for real-time, hard-to-find, trusted business intelligence.