Tank maker KNDS has postponed its planned July IPO. This marks the sole setback in an otherwise strong half-year for investment banks.
The listing was intended as the highlight of a record half-year. Involved banks including Société Générale and Bank of America feel the impact.
The mergers and acquisitions market is heading for its best year since 2021. Capital increases and bond issues are also performing strongly.
Bank fee income exceeds 1.5 billion euros for the first time since 2021. US and UK firms maintain their lead in most segments in Germany.
