Home News Banking & finance

Singapore investment banking fees decline 15.6% to US$221.3 mil in 1Q2022: Refinitiv

Felicia Tan
Felicia Tan3/24/2022 06:08 PM GMT+08  • 3 min read
Singapore investment banking fees decline 15.6% to US$221.3 mil in 1Q2022: Refinitiv
During the 1Q2022, M&A activities in Singapore increased by 13.0% y-o-y to US$28.6 billion.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Investment banking activities in Singapore saw fees decline 15.6% y-o-y to US$221.3 million ($300.4 million) in the first quarter of 2022, with BofA Securities leading contributions.

According to data collated by Refinitiv, the bank clinched a total of US$33.3 million, or a 15.1% wallet share of the total fee pool. This was followed by JP Morgan with a 9.2% wallet share.

During the quarter, advisory fees for mergers and acquisitions (M&A) that were completed during the period fell 26.8% y-o-y to US$78.2 million.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
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.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now