💰How Are the Investment Banks Doing? (Long Liability Management)💰

Generally speaking, quite well, actually.

Last week was earnings week for investment banks with restructuring groups. Let’s dive in.

1. Evercore Inc. ($EVR) reported its second best year in history, generating over $2.03b in revenue, an eye-popping number. Still, this represented a 2% decline from 2018 — thanks mostly to lower global M&A volumes and trans…