Chart of the Day: Investment banking fees at $541.5m in H1

It declined by 25% compared to the same period last year.

Equity capital markets underwriting fees also dropped 16% to US$76.8m in H1 2023, LSEG reported.

This chart also showed that debt capital markets fees declined 59% from a year ago to US$36.4m, whilst syndicated lending fees declined 18% to US$125.9m. 

Advisory fees earned in Singapore from completed M&A transactions reached US$162.8m, down 21% from the first half of 2022.

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