Goldman Sachs and Bank of America are positioned to grab a larger share of Japan's equity capital market in the fiscal year ending March, driven by a surge in block-trade activity. The shift implies potential upside to their ECM fee pools and trading revenue in Japan, supporting a constructive near-term view on their Japan-focused capital markets businesses.
Goldman Sachs and Bank of America are positioned to grab a larger share of Japan's equity capital market in the fiscal year ending March, driven by a surge in block-trade activity. The shift implies potential upside to their ECM fee pools and trading revenue in Japan, supporting a constructive near-term view on their Japan-focused capital markets businesses.
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