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DBS leads in Singapore investment banking fees, SGX IPO proceeds down 94.5% y-o-y: Refinitiv

Jovi Ho
Jovi Ho • 4 min read
DBS leads in Singapore investment banking fees, SGX IPO proceeds down 94.5% y-o-y: Refinitiv
IPOs by Singaporean companies saw seven listings worth US$62.5 million so far this year, down 94.5% in proceeds y-o-y.
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Singapore investment banking activities generated US$630.1 million ($903.49 million) in fees for 9M2022, down 27.9% y-o-y. This is according to Refinitiv’s Singapore Investment Banking Review for 9M2022, a report of investment banking activities here for the first nine months of the year.

Advisory fees for completed mergers and acquisitions (M&A) amounted to US$226.7 million so far this year, down 16.4% y-o-y.

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