Universal banks set to dominate investment banking

Universal banks are likely to dominate investment banking league tables into the future, following the merger of some of the world's largest banking groups, according to recently compiled figures.

Bank of America, JP Morgan and Wachovia - if it merges with Morgan Stanley - will be the world's three biggest generators of investment banking revenues, according to combined investment banking figures from Dealogic.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump