--No.1 syndicated loan underwriter
--revenue rose 25% to $18.91 bil
--NI rose 20% to $4.23 bil
--drivers:
---- a.
investment banking revenue up 38% to $5.8 bil ( 30%) due to investment banking fees (advisory 50% and equity underwriting 40%)
---- b. asset management revenue up 32% to 2.14 bil (15%)
---- c.
corporate up 1000% to 1,06 bil due to private equity
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