3 Investment Banks to Buy on Rebounding Industry Prospects
IBG, Inc.(IBKR) Zacks Investment Research·2024-02-26 22:31
Given the reversal in corporate debt and equity issuances and deal-making activities, the Zacks Investment Bank industry is expected to witness a turnaround in investment banking fees in the quarters ahead.Also, heightened client activity in the trading business is expected to continue as uncertainty-induced volatility is likely to persist in the near term. While costs related to technological upgrades might impede bottom-line growth, these will eventually lead to improved operating efficiency. These factor ...