Wall Street banks' blockbuster quarter gives dealmakers hope for a 'golden age' of investment banking

Workers in downtown ManhattanMomo Takahashi/BI Big banks posted strong earnings results this week as dealmaking returns to Wall Street. Goldman's advisory revenue jumped 60% to $1.4 billion from a year earlier, the bank said. JPMorgan, Citi, and Morgan Stanley also logged double-digit gains in investment banking fees. After nearly three years of sputtering and false starts since the pandemic-era highs, dealmaking is finally looking like it's back in gear on Wall Street. Goldman Sachs, JPMorgan, a ...