How are IBs generating new business during the virus?

Apart from the RX business booming, are there any particular industries IBs are looking at to generate fees? E.g are they focusing on healthcare/biotech because of the virus, financing in the RE/Hospitality sector due to low occupancy rates, etc. Aside from this, any thoughts on how small banks will survive?

 

Well if you’re an analyst 2 in M&A pretty sure you can figure this one out.

More seriously though, DCM is currently busy as corporates try to pile as much cash on their balance sheet as possible. M&A in most if not all industries has dried up as cash deals would hurt their balance sheet, share prices are low so making stock deals hard as well...

 

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