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I can't really comment since I am not on the banking side, but I think it has to do something along the lines of getting that "extra inch" Looking at announced deals gives people something extra to look at besides what has already been done in an attempt of making yourself look more attractive.........Like I said, its a guess--if people do indeed care more about announced deals.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

Thanks for the input Gekko21.

Are there any other opinions on this? Is it really merely another "We need something to differentiate ourselves on the pitch-level, and it seems as though announced deals bring us a bigger number?"

ALso, I'm looking through THomson Reuters Deal Intelligence, and some firms have a larger completed number than announced. How is this possible? Is it the deals that are completed but non-disclosed to the public?

Example, Greenhill 3Q10MA Announced 48,318.2 Global. Completed 52,184.0. How can this be?

 
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