Investment banking
Type of financial services company
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| 2020 | The Wall Street Journal published a ranking of top 10 investment banks based on total M&A advisory fees, with Goldman Sachs leading at $287.1 billion, followed by Morgan Stanley at $252.2 billion and JPMorgan Chase at $208.1 billion. |
| 2014 | Evercore (NYSE:EVR) acquired ISI International Strategy & Investment (ISI) to expand their revenue into research-driven equity sales and trading. |
| 2012 | Global investment banking revenues estimated at $240 billion, down approximately one-third from 2009, due to reduced deal-making and trading activities. |
| 2010 | Investment banks faced significant pressure due to selling complex derivatives contracts to local municipalities in Europe and the United States, highlighting potential ethical and financial risks in their trading practices. |
| 2010 | The Dodd-Frank Act was passed, introducing new regulations that limited certain investment banking operations, particularly through the Volcker Rule's restrictions on proprietary trading. |
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