Reversal marks dramatic shift from recent years when sector was seen as more resilient to changes in financial markets
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Long-awaited M&A recovery lifts revenues but also pushes up pay at UK investment banking arm
As investors seek to retrieve their money, the $22tn industry rejects comparisons with 2008. Regulators aren’t so sure
Asset managers call for urgent policy reform to attract more companies to list in UK
The sector’s pitch has worked but the next challenge is persuading investors to stay
Surge of investment has raised concerns about whether advisers adequately explain illiquidity risk
Volatility is keeping market-making desks active at a time when mergers and issuance have slowed
