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Sunday, December 22, 2013

Lean years leave banks short of savvy dealmakers, (NYSE: TRI), (TSE: TRI.TO)

Years of quiet deal markets in Europe have left a generation of junior investment bankers with little opportunity to cut their teeth, and, with many senior staff let go, banks are finding themselves short on experience as business stirs again.With stock markets volatile during the financial crisis and European sovereign debt woes, many companies have held back from raising new funding, going public, or attempting big merger deals.While the European mergers and acquisitions market is still sluggish, with 2013 its slowest year in a decade, the volume of share sales has picked up, according to Thomson Reuters data, with companies raising more this year than any year since 2009.Bankers working in the sector say this has already exposed some of their junior counterparts as a little wet behind the ears.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.96% or $0.36/share to $37.69. In the past year, the shares have traded as low as $28.53 and as high as $38.73. On average, 865927 shares of TRI exchange hands on a given day and today's volume is recorded at 955727.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.68% or $0.27/share to $40.08. In the past year, the shares have traded as low as $28.45 and as high as $40.61. On average, 990912 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 2007717.



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