Wall Street’s top investment banks generated the most second-quarter revenue from equity-offering advisory since 2021, boosted by SpaceX’s record IPO and a surge in fundraising for AI infrastructure. The fundraising wave supported stronger capital-markets activity, indicating improved deal flow for banking fees.
Wall Street’s top investment banks generated the most second-quarter revenue from equity-offering advisory since 2021, boosted by SpaceX’s record IPO and a surge in fundraising for AI infrastructure. The fundraising wave supported stronger capital-markets activity, indicating improved deal flow for banking fees.
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