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and equity underwriting pipelines.
Some services like equity underwriting continued to face pressure from the economic troubles in Europe.
And equity underwriting, which is more lucrative, could have a long way to run.
So equity underwriting is often a "distress" purchase, like a funeral.
It is weaker in higher-margin brand businesses such as equity underwriting and corporate finance.
Equity underwriting was a particular standout, jumping 55 percent, to $371 million.
Revenue from equity underwriting almost doubled, while revenue from mergers advice rose 59percentt.
Revenue from equity trading and equity underwriting more than doubled from a year ago.
Prudential Securities ranks 19th in equity underwriting this year and 32nd among merger advisers.
Revenue from equity underwriting rose to $143 million from $59 million a year earlier.
Equity underwriting and corporate advisory services delivered big gains in net fee and commission income.
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CEO of Professional Science Editing for Scientists @ prosciediting.com