Investment Banking: Industry Trends Q3 2025
The third quarter of 2025 finally saw some momentum after two quarters of uncertainty driven by the tariff wars. But a broad market recovery was absent. Instead, capital was concentrated in a few proven sectors.
In this in-depth analysis of the Investment Banking Industry for Q3 2025, we break down the key trends shaping the industry and what that means for MBA and Master’s applicants, job seekers, and Investment bankers.
We observed 6 trends:

