Financial technology, or fintech (FT), will affect investment banking (IB) by affecting the various lists of services that they offer. However, two concepts need to be clarified before these effects can be analyzed in detail. First, the scope of FT needs to be defined by the most recent technology.
In the past couple of decades, due diligence has evolved and improved, thanks in large part to the advance of technology and digitisation. Where before the process was frustrated by physical data rooms and huge volumes of paper documents
2018 was quite the year for mergers and acquisitions (M&A). At a near daily pace, global M&A activity hit an all-time high of $2.51 trillion during the first half of 2018, according to data from Thomson Reuters.
Apple was the first company to reach $1 trillion in valuation recently. Shortly after, Amazon managed to reach the same record high valuation historically. Other technology companies are not far behind, with Microsoft Corp at $870 billion