In 2024, equity capital markets underwriting fees reached the lowest period since 2013 at US$3.7 billion, down 36% y-o-y. Meanwhile, debt capital markets fees saw a 5% increase from a year ago to US$12.1 billion, while syndicated lending fees fell 13% y-o-y to US$2.3 billion.
A 2024 investment banking review launched by the London Stock Exchange Group (LSEG) for the Asia-Pacific (APAC) excluding Japan has reported that the US$20.3 billion ($27.7 billion) worth of investment fees generated in the region were down 11% compared to last year, marking the lowest annual period since 2019.
Fees generated in the APAC region excluding Japan accounted for 17% of the total fees earned globally, while investment banking (IB) fees from the Americas and Europe accounted for 54% and 23% respectively.
