SpaceX IPO and Mega-Mergers Drive $11.1 Billion in Wall Street Fees at Top Five US Banks
businesscompany-earningsmergers-acquisitions 3 posts · 2 accounts
JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Citigroup are forecast to earn a combined $11.1 billion in fees from the SpaceX IPO and recent mega-mergers.
The projection marks the largest combined fee generation for the group since 2021. The forecast sets a strong benchmark for the sector’s latest earnings reports.
From the sources (3 posts)
@ftThe five largest US investment banks — JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Citigroup — are forecast to report a total of $11.1bn in fees — the largest since 2021.
@ftWall Street feasts on fees from SpaceX IPO and mega-mergers
@firstsquawkWALL STREET FEASTS ON FEES FROM SPACEX IPO AND MEGA-MERGERS – FT