Santander, JPMorgan y Citi disparan un 50% sus ingresos en banca de inversión
El negocio en España crece más que en Europa por el apetito corporativo. Las operaciones en Bolsa y las fusiones y adquisiciones impulsan la actividad. Leer
Santander, JPMorgan and Citi reported a 50% drop in their investment banking revenues. The Spain segment outperformed the rest of Europe due to corporate appetite. M&A operations and stock market transactions drove activity. Santander's commission business grew by 62% in the first nine months of the year, while JPMorgan's increased by 18% and Citi's by 53%.
The sector saw increased appetite for transactions and companies benefited from their geographical and product capabilities. The revenues reached almost 1,090 million euros, a 19% increase. Santander, JPMorgan and Citi are ranked as the top three investment banking firms by Dealogic, together contributing nearly 50% more than the previous year.
Santander has led several major transactions, including the sale of Urbaser, MasOrange acquisition, Iberdrola's Mexican subsidiary sale, and UAX purchase. JPMorgan and Citi also experienced an increase in stock market activity.
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