[ad_1] NEW YORK: Goldman Sachs expects dealmaking activity to stay subdued in the medium term as macroeconomic conditions weigh on private equity transactions, an executive says. “For the medium term,…
Tag: InvestmentBanking
Morgan Stanley’s Earnings Fall 9% on Lower Investment-Banking Revenue
[ad_1] Morgan Stanley said third-quarter profit fell 9% from a year ago, hit by a sharp decline in deal making. Investment-banking revenue dropped 27% to $938 million. Fees from advising…