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Merrill Lynch Estimates Steep Increase In Overseas Investment Bank Earnings

MarketWatch is reporting that Merrill Lynch have estimated that there will be a steep increase in overseas investment bank earnings over the next five years. They say that as much as 75 percent of their total revenue could come from

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MarketWatch is reporting that Merrill Lynch have estimated that there will be a steep increase in overseas investment-bank earnings over the next five years.

They say that as much as 75 percent of their total revenue could come from investment banking in the future. Their European investment banking revenue for 2006 was USD1 billion.

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