Euromoney (January issue)
2013/ 01/ 14 by jd in Global News
“It won’t take much to improve on last year’s ECM and M&A revenue numbers. According to Dealogic’s preliminary full-year 2012 figures, ECM revenue fell to $13.3 billion last year—the lowest since 2003. M&A revenue was $17.3 billion in 2012—down 15% compared with 2011.” Debt capital markets, however, fared better in 2012 with DCM revenue at $21.1 billion, a 23% increase over 2011.