Wall Street fees While the last six months have been rough for sectors from hospitality to energy—not to mention government finances—one group has done surprisingly well. Investment banking fees soared to a record of $57 billion, largely through emergency financing deals from some of America's biggest companies. The rise in debt fees easily outdid the decline in other forms of bank income, as M&As and advising slowed. FT
I hear true symphonies of joy at FICC departments with some London desks. Bonus payment season will be "happy hour" like event....