Investment Banking Weakens As Volatility Spikes

Investment banking, after five long, hard years of negative or anemic growth, job cuts, pay cuts and public lashings, is on the verge of a comeback. Really, it is—if the data can be believed. Investment Banking Activity Amid Rise in Volatility Most analysts agree that the current uncertainty will be with us for a very long time. 2012 was a turbulent year and 2013 looks set to continue in a similar vein. Governments are undertaking a substantial degree of fiscal consolidation and the euro crisis is placing a great deal of uncertainty around global economic prospects. Unfortunately there is no…