LONDON: Global investment banking fees in the third quarter fell 3.8% to their lowest since early 2009, according to data from Thomson Reuters and Freeman Consulting, as the eurozone debt crisis continued to unsettle markets and disrupt deal activity.
Europe has been particularly hard hit by the slowdown in deals, with investment banking fees in the region so far in 2012 falling to levels not seen in 10 years. Globally, the drop has been driven by a fall in share-sale activity. Reuters
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
