Mexican equity capital markets are poised to bounce back next year once trade uncertainty with the US clears up, according to JPMorgan Chase & Co.’s Mexico chief https://t.co/XemiZ3GoBs ...

best deals now at VF AECOM. >> We are back. The IPO market showing some new signs of life lately, leading some to suggest the activity will continue to pick up in the months ahead.Let's welcome in Ashley McNeil, head of Equity Capital Markets for Vista Equity Partners. Good to see you again. You too.Are we at that precipice now of some good things happening. >> I think we are. We're coming off one of the busiest months in IPOs that we've seen in years.I mean, July had what, ten IPOs for 4.3% billion. And th ...

Executives at smaller investment banks are giving bullish forecasts for equity capital markets for the rest of the year https://t.co/tA6GELyIU6 ...

Financial Data and Key Metrics Changes - Evercore reported adjusted net revenues of $839 million for Q2 2025, an increase of nearly 21% year over year, marking record revenues for both the second quarter and the first half of the year [10][11][22] - Adjusted operating income for Q2 2025 was $157 million, up 37% compared to the previous year, with adjusted earnings per share increasing 34% to $2.42 [22][23] - The adjusted operating margin improved to 18.7% from 16.4% in the prior year period [22] Business Line Data and Key Metrics Changes - Adjusted advisory fees reached $698 million in Q2 2025, a 23% increase year over year, also a record for the second quarter [23] - Underwriting revenues were $32 million, up 4% from a year ago, while commissions and related revenue increased 10% to $58 million [24] - Adjusted asset management and administration fees rose 3% year over year to $21 million, driven by market appreciation and net inflows [24] Market Data and Key Metrics Changes - Year-to-date global M&A volumes were 30% higher than the previous year, with steady monthly increases [12] - The European business saw growth with increased activity across most sectors, and financial sponsors' activity levels strengthened [15] Company Strategy and Development Direction - The acquisition of Roby Warshaw is aimed at enhancing Evercore's capabilities and expanding its global presence, particularly in the UK and EMEA regions [6][8][10] - The company continues to focus on recruiting high-quality talent as a primary growth strategy, alongside potential acquisitions [41][42] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving market conditions and increasing CEO confidence levels, anticipating continued growth in the investment banking environment [11][12] - Despite uncertainties, management believes that the merger business will strengthen, contributing significantly to overall revenues [47] Other Important Information - Evercore's cash and investment securities totaled over $1.7 billion as of June 30, and the company returned $532 million to shareholders through share repurchases and dividends in the first half of the year [29][31] - The company maintains a strong liquidity position and conservative debt levels, with plans to continue investing in strategic initiatives [31] Q&A Session Summary Question: Additional details on the Roby Warshaw transaction - Management highlighted Roby Warshaw's strong client relationships and strategic advisory capabilities, which will complement Evercore's offerings [33][34] Question: Impact of tariffs on M&A activity - Management noted that while full merger activity has not returned, there is growing comfort and certainty among boards, leading to increased backlog and potential future activity [36][37] Question: Future acquisitions for growth - Management emphasized that organic growth through hiring high-quality talent remains the primary strategy, with acquisitions considered on a case-by-case basis [41][42] Question: Diversification of business and revenue mix - Management indicated that while M&A activity is expected to grow, non-M&A businesses will also continue to thrive, aiming for a balanced revenue mix [46][47] Question: Outlook for secondary market volumes - Management expressed confidence in maintaining strong activity levels in the secondary market, despite increased competition [51][55] Question: Cost synergies and margin outlook - Management discussed ongoing efforts to manage compensation and non-compensation expenses, with a focus on achieving a lower compensation ratio over time [58][60] Question: Financing details for the Roby Warshaw deal - Management clarified the structure of the transaction, including the use of stock for the first tranche and potential future performance-based considerations [66][70]

Well, I think there's definitely good momentum across uh you know across the investment banking uh you know business Carl and and you know IPOs and equity capital markets is one of them as you know the the the you know IPOs can or the the sentiment around sort of IPOs can come and go pretty quickly but but I think you've certainly seen some momentum given some of the performance of some of the IPOs that have come out uh mo most recently and as the as the you know the market continues to do well and volatili ...

The UAE is seeing renewed momentum in equity capital markets heading into the second half of 2025, while Saudi Arabian firms eying share sales face investor caution over valuations. https://t.co/6MjWJofbjv ...

Personnel Changes - Societe Generale appointed Anvita Arora as global co-head of equity capital markets [1] Business Strategy - The appointment aims to strengthen Societe Generale's initial public offering (IPO) business [1]

JPMorgan Chase appoints a slew of new leaders for its equity capital markets business in EMEA https://t.co/nexIJdkewK ...