Declines in underwriting, M&A drive 32% drop in fees, Refinitiv reports
Scenario analysis exercise will boost regulators' expertise and banks' risk management
Debt underwriting down too, led by a plunge in high-yield offerings
Pilot program in 2023 will test effects of climate risks on banks' businesses
SEC sanctions firms for pervasive record-keeping violations
The firm agreed to pay US$35 million to settle privacy violation allegations
Equity, debt issuance drop, sustainable M&A holds up
RBC and BMO remain among top 25 as global fees slide
Deal-making stumbled as market volatility spiked
Debt market activity declines, high yield craters, Refinitiv reports