The measly $12B in global investment banking revenues collected this quarter is the lowest...

The measly $12B in global investment banking revenues collected this quarter is the lowest 3-month amount since the dark days of 2009 Q1. For the year's first 6 months, global revenues are off 31% Y/Y. The banks are better-capitalized, now what about profits?

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Comments (4)
  • idkmybffjill
    , contributor
    Comments (1911) | Send Message
    low interest rate environment makes it difficult for banks to do anything but borrow money from the Fed and invest in Treasuries.
    25 Jun 2012, 01:24 PM Reply Like
  • winningtrader
    , contributor
    Comments (2459) | Send Message
    ... is slow and getting slower. The rest of the year is likely to be much worse than the first half.
    25 Jun 2012, 05:26 PM Reply Like
  • losbronces
    , contributor
    Comments (990) | Send Message
    After the FB disaster, some IPOs have been cancelled. I don't think too many enterprises are looking at this as an opportune time to IPO or issue more stock--so no need for those services.
    25 Jun 2012, 06:41 PM Reply Like
  • spyguy779
    , contributor
    Comment (1) | Send Message
    we are on the precipice of the worst financial disaster this world has ever seen, the corrupt banking institutions will fall like a house of cards and the false faith that people have in them will disappear like a magicians rabbit
    25 Jun 2012, 10:11 PM Reply Like
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