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.

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.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook