Investment banks see a boom in M&A but also weak trading

08/27/2010 | Wall Street Journal, The

Activity in mergers and acquisitions has surged during the past month and eventually will be a major boon to Goldman Sachs, Morgan Stanley and other investment banks, analysts said. However, trading has been weak and will have a more important effect on banks' earnings. The increase in M&A activity will not make up for weak trading, experts said.

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Wall Street Journal, The

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