ECM powers US bank gains

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ECM powers US bank gains

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Wall Street road sign in the corner of New York Stock Exchange, Manhattan an icon of global investment, finance, trading | Photographer: Lipovskiy Roman/Roman Lipovskiy - stock.adobe.com

The leading US investment banks raked in fees from equity origination in the third quarter, with Goldman Sachs, Morgan Stanley and Bank of America all doubling their ECM revenues year-on-year.

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