 |


Our Global Capital Markets segment is divided into Investment Banking and Trading and Principal Investments.
Investment Banking
Our current structure, which is organized along regional, product and industry groups, seeks to combine client-focused investment bankers with execution and industry expertise.
Our Investment Banking activities are divided into two categories: Financial Advisory and Underwriting.

Financial Advisory
Financial Advisory includes advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings and spin-offs.
Underwriting
Underwriting includes public offerings and private placements of equity and debt securities.
|
 |
 |
Global Capital Markets
Net Revenues
(in millions of dollars)
|
|
 |
Investment Banking
Net Revenues
(in millions of dollars)
|
|
 |
Financial Advisory
Net Revenues
(in millions of dollars)
|
|
 |
Underwriting
Net Revenues
(in millions of dollars)
|
|
|