Investment banking fees generated in Singapore so far this year have fallen 20% y-o-y to US$585.2 million ($799.33 million), with DBS Group Holdings (SGX:D05
) currently in the lead with a total of US$73.6 million, taking 13% share of the total fee pool.
Based on preliminary data until Sept 21, banks’ advisory fees earned from completed M&A transactions total US$183.6 million in 9M2023, down 32% y-o-y, reports market data provider Refinitiv.
