The European investment banking fee pool, at less than $ 9.5 billion, is around 22% down year-on-year. FN runs through the 10 sectors, in reverse order, that have been the most lucrative for Europe’s investment banks over the year to August 12, 2016 – as well as the top three advisers in each sector. The Dealogic figures in this snapshot cover money earned from M&A advice, debt and equity underwriting and syndicated lending. Totals may have been rounded.
It’s been an unforgiving year for Europe’s investment bankers, with the UK’s Brexit vote doing little to improve prospects for the remainder of 2016. FN takes a look at where the money has been made….