Germany ECM activity totals $5.0 billion for YTD 2014, up 55% compared to a year ago
Honeywell CEO David Cote also reaffirmed the company's first quarter and full-year 2014 outlook-in a CNBC interview Wednesday, ahead of the company's investor conference.
Dealmaking has kicked off again, with the level of mergers and acquisitions activity in 2014 almost at the pre-financial crisis levels of 2007.
Daiwa Securities and Australia and New Zealand Banking Group Limited (ANZ) have today signed a Memorandum of Understanding to establish a business alliance in connection with their M&A advisory businesses.
With three mergers totaling more than $110 billion in just the past week, 2014 could be the year of the megamerger, as cash-rich companies hunt for growth.
Middle-market companies have historically relied on regional banks for deal making, but an appetite for Wall Street M&A specialty is growing.
The U.S. will be a particularly strong market for M&A, John Studzinski, senior managing director at The Blackstone Group, told CNBC at the World Economic Forum in Davos.
Worldwide announced Mid-Market M&A deals valued up to $500 million (including undisclosed value deals) totaled US$736 billion for the full year 2013 – a 1% decrease year-on-year.
The big investment banks, most notably Goldman Sachs and JPMorgan Chase, continue to take the majority of fees from advising on M&A. But boutique and independent investment banks are gaining on them.