Recently Released!!!
Date Published: December 7, 2023
Summary PowerPoint Deck: 115 Slides
Reference PowerPoint Deck: 411 Slides
The purpose of this research is to provide readers with a comprehensive understanding of investment banks, including the businesses of securities underwriting, mergers & acquisitions advice, institutional sales & trading, and private client group. The private client group business is also addressed in Tiburon's wealth management firms research series. This research is part of Tiburon's coverage of strategic advisors.
This research addresses the historical phases of investment banks, including:
- Bulge Bracket Foundation Phase
- Second Tier Investment Banks Formation Phase
- Industry Consolidation Phase
This research defines distinct business within investment banks, including:
- Securities Underwriting Business
- Mergers & Acquisitions Advisory Business
- Institutional Sales & Trading Business
- Private Client Group Business
And this research makes several future predictions for investment banks, including:
- Increasing Investment Banking Regulation
- Moderate Growth for Investment Banks
- Growing Importance of Private Client Group Business
- International Opportunities
- Industry Consolidation