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Largest U.S. Investment Banks Seeing Shrinking M&A Wallet Share

Trefis Team

A surge in global M&A activity over 2017 helped advisory fees for the 5 largest U.S. investment banks jump to $10.2 billion for the year – up from $9.5 billion in 2016. In fact, the combined M&A advisory fees for these banks was the highest since the record-high level of $11.3 billion seen in 2007.