The Investment Banking and Securities Broking industry successfully rode out the financial storm that raged from 2007-08 to 2009-10. However, performance has not been the same since. When the subprime crisis arrived in early 2008, sharemarkets plummeted, borrowing costs rose, and overall corporate activity decreased as lending dried up and business confidence evaporated. This caused industry revenue to fall dramatically. Macquarie reported its first drop in profits in over 17 years, and Babcock & Brown ended up in the hands of administrators. Several securities broking firms either collapsed or were acquired.
This industry provides investment banking and brokerage services. Brokerage services include trading stocks, shares or other financial assets on a commission or transaction fee basis. Investment banking activities include corporate finance and advisory services, underwriting and principal trading.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.