Advisory fees for completed mergers and acquisitions (M&A) came in 63.6% lower at US$45.2 million from a record high of US$124.0 million in 1Q18.
SINGAPORE (Mar 28): Singapore investment banking activities generated US$172.8 million ($234 million) in fees in the first quarter ended Wednesday, which was 24.8% lower compared to a year ago.
This according to the latest 1Q19 Singapore Investment Banking Review preliminary data published yesterday by Refinitiv, formerly the Financial and Risk Business of Thomson Reuters.
