Investment Banking Industry: Good Times Ahead In 2018?
According to Credit Suisse, which tracks margin debit balances at NYSE member firms to gauge retail and prime brokerage activity, through November, margin debit balances grew 3.8% quarter on quarter to $580.9 billion, the highest level recorded since the turn of the century. It is impossible to draw any concrete conclusions from this data (margin balances have been rising to new highs since 2014) there are plenty of other exciting takeaways from Credit Suisse's year-end 2017 investment banking industry roundup.
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