M&A deals involving a Singapore target total US$10.2 billion so far in 2023, down 70% y-o-y, marking a decade low. Photo: Bloomberg
Follow us on Facebook and join our Telegram channel for the latest updates.
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.
Never miss out on important financial news and get daily updates today
×
Download The Edge Singapore App
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
) currently in the lead with a total of US$73.6 million, taking 13% share of the total fee pool.
