Record fees from debt issuance and a big jump in capital raisings this year have more than offset plunging deal revenues at Wall Street banks, annual figures show.
Investment banks earned more than $18bn from debt capital markets in 2009 as companies tapped bond markets heavily to shore up balance sheets, according to Dealogic.
The 33 per cent increase in revenues from debt issuance coincided with a 64 per cent jump in earnings from equity raisings, which earned banks $23.3bn in fees.
您已阅读28%（487字），剩余72%（1223字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。