Securities and investment banking personnel have seen a more than 50% decrease in average revenue growth in the past four years.

The latest research from the Securities Association shows that from 2021 to 2024, the number of securities investment banking personnel will increase by 10.6% from 27,300 to 30,200. However, the average operating income per capita will decrease from 2.58 million yuan to 1.17 million yuan, a decrease of 54.74%. The research believes that with the gradual deepening of the registration system reform and the release of merger and reorganization demand, investment banking business will usher in new development opportunities. However, the current situation of oversaturation of investment banking personnel reserves still needs time to digest, and the stabilization and recovery of average operating income per capita will require more time and effort.