MC · Moelis & Company
AI read · Good for MC
The AI's read
More completed deals and a fuller list of possible assignments can support future fees. New business origination and the announced pipeline were each up about 20%. Capital-markets revenue was softer after a record first half because market swings delayed transactions. Higher rates and geopolitical tensions also add uncertainty. Still, M&A and capital-structure advice were strong, and management expects more restructuring work as lenders become less willing to extend loans. The firm plans to lower staff pay’s share of revenue as sales grow.