Sell-side research – key trends in 2023

Equity markets had a turbulent year in 2022 with the Russia-Ukraine war, rising interest rates and the resurgence of COVID-19-related restrictions in China impacting investor confidence. For investment banks, the strength in investment banking in 2021 eased in 2022 due to market headwinds. That said, the high volatility was a boon to trading desks, especially for fixed income trading.

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