Securities services firms occupy a vital role in the smooth functioning of the capital markets industry. Mutual funds, ETFs and others rely on these providers to ensure that the operational processes so integral to the asset manager are smoothly run...
FY21 Coalition Index Investment Banking revenues were up by 8% on a YoY basis.
U.S. Commercial Banking contributed steadily to the overall industry revenue pool up until FY19 but from the beginning of 2020 there has been a continuous decline in share.
Transaction Banking revenues marginally declined in FY21 while Trade Finance revenues in FY21 experienced the highest YoY growth since the beginning of 2016.
Global Securities Services Index revenues grew marginally in FY21 and is attributed to higher asset levels and continued strength in transaction volumes.
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...
