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💰How Are the Investment Banks Doing?💰
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💰How Are the Investment Banks Doing?💰

Nov 09, 2019
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💰How Are the Investment Banks Doing?💰
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Greenhill & Co. Inc. ($GHL) reported Q3 earnings earlier his week and, well, they weren’t great. The company had $87mm of revenue for the quarter (flat YOY) and $194.3mm in revenue year-to-date. The latter is down 26% on the back of a poor first half. 

Why the poor performance? The company largely blamed “a very low level of activity in European M&A.” It…

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