Strong trading activity offsets weakness in underwriting, M&A
Sales and trading revenue likely flat in Q3, while new issue and deal activity rose, Moody's says
Weak deal activity, syndicated lending drive drop in bankers' fees
RBC led Canadian dealers on equity, debt league tables
Stronger trading results would help offset declines in new issue, M&A activity
The review will help banks beef up climate planning and data gathering, Moody's says
As capital markets froze, M&A dried up and bank revenues dropped
Equity issuance plunged and debt offerings dropped in 2022, Refinitiv reported
Bank promises action to address weakness flagged by Fed, FDIC
Declines in underwriting, M&A drive 32% drop in fees, Refinitiv reports