Bankers wary despite jump in US corporate fundraising

Q: How long will it take to read this news story?

The story "Bankers wary despite jump in US corporate fundraising" has 950 words across 30 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Bankers wary despite jump in US corporate fundraising" was covered 2 days ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 8 news stories per day. It's most recent story was published 13 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21454343</li><li>URL: https://beamstart.com/news/bankers-wary-despite-jump-in-17198953606550</li></ul>

Financial Times 2d ago

Bankers wary despite jump in US corporate fundraising - Financial Times

Quick Summary:

IPO volumes fell by more than 90 per cent in 2022 from the previous year, while corporate debt issuance fell by almost 40 per cent.

Among high-grade bond deals in recent months is a $10bn sale by Home Depot to help fund its acquisition of building products distributor SRS Distribution, and a $15bn issuance by pharma company AbbVie in February to help finance its purchases of ImmunoGen and Cerevel.

Activity in public credit and equity markets — a key driver of investment banks’ revenues — dropped precipitously when the Federal Reserve began raising rates in 2022.