Wall Street bankers shift focus to busy 2026 after cashing in on big deals

Wall Street’s investment bankers expect to stay busy ‌this ​year after reaping a windfall from big-ticket deals and stock ‌market listings in 2025. Top U.S. banks reported stronger fourth-quarter profits this week, with Goldman Sachs’ investment banking fees jumping 25% on a dealmaking ​boost and rival Morgan Stanley reporting a 47% surge in investment banking revenue. Citigroup clinched record revenue from M&A advisory last year. “We are seeing an accelerating pipeline in M&A and IPOs,”...