Peel Hunt has seen a rebound in investment banking fees, but ECM activity remains muted

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Peel Hunt revenue rebounds 25% as deals return

Online Editor

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City broker Peel Hunt says its revenue has rebounded by a quarter after fresh investment banking fees offset a sluggish research and trading business.

Peel Hunt says revenue is set to come in at £53.3m for the six months to 30 September 2024, up from £42.7m on the same period last year, amid “a more positive macroeconomic backdrop” and M&A financial advisory mandates. 

The broker has struggled against a dearth of equity listings, but has seen fees grow elsewhere

Justin Cash

Banking

Markets & Finance

Regulation

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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