Strong i-banking fees

I-banking Off To Strong Start In 2014 As Morgan Stanley Leads

I-banking looks upbeat with announced deal volumes in 2Q are up nicely Q-Q, aided by strong IPO volumes, according to a recent report from research firm Jefferies.

Ken Usdin and team at Jefferies in their May 12th report, analyzed 1Q i-banking and trading results of large nine i-banks.
I-banking: Strong advisory volumes anticipated
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