Market turmoil is hitting investment banking activity. Cornerstone OnDemand (CSOD) withdrew its...

|About: Cornerstone OnDemand, Inc. (CSOD)|By:, SA News Editor

Market turmoil is hitting investment banking activity. Cornerstone OnDemand (CSOD) withdrew its Goldman (GS) led secondary offering, despite reporting 90% bookings growth in Q2. IPOs are off the table. But i-banks and broker dealers (IAI, KCE) can still benefit from heavy trading.