Evercore's dealmaking fees slid by 26% in the first quarter, as banks struggle against an ongoing decline in M&A work.
The boutique made $462.5m in advisory fees in the first three months of the year, a drop of more than a quarter on a year earlier.
Investment Banking
Evercore dealmaking fees fall by 26% amid M&A slump
Evercore has brought in more fees than any of its boutique rivals
