Where the corona pandemic is good for business: the best quarter in modern history for the five biggest investment banks “Over the past week, Wall Street’s five biggest investment banks disclosed $45 billion in revenue from trading and dealmaking units, marking those businesses’ best quarter in modern history. The catalyst: a deadly global pandemic and the Federal Reserve’s unprecedented measures to prop up the economy.” ____Where the Corona pandemic is good for business: the best quarter in modern history for the five largest investment banks “Last week, Wall Street’s five largest investment banks posted $45 billion in revenue from trading and transaction units, marking the best quarter in modern history for these companies. The catalyst: a deadly global pandemic and the unprecedented measures of the US Federal Reserve to support the economy.” – Shridar Natarajan and Michelle F. Davis. in “Awkward – Banks profited from volatile stock and bond trading as the pandemic roiled the markets”, Bloomberg Businessweek, July 27, 2020
approach strategic pricing with a changed mindset and better assess the contribution of professional pricing to results.
