Coalition Index for Investment Banking – FY22
FY22 Coalition Index Investment Banking revenues fell (13)% on a YoY basis.
FY22 Coalition Index Investment Banking revenues fell (13)% on a YoY basis.
The contribution of U.S. Commercial Banking to the total revenue pool has steadily decreased since FY19. This trend reversed in FY22 due to outperformance across products compared to CIB.
Transaction Banking Revenues reached a decade high in FY22, driven by robust growth in Cash Management, while Trade Finance grew moderately.
Securities Services Index Revenues expanded in all regions, particularly in Americas and APAC where Net Interest Income grew significantly.
2022 has been an exceptional year for Markets activity, with revenues through the third quarter more than 5% above the previous peak of 2020. FICC has been the key driver of Markets outperformance, notching a 14% increase YoY.
Equity capital markets growth, led by the special purpose acquisition company (SPAC) boom, heightened M&A activity, and improved performance by equities and spread financing products, was one of the largest contributors to a surge in investment...