169 view s

Singapore’s investment banking fees 25% lower in H1 2023

BofA Securities currently leads investment banks in terms of fees generated.

Singapore generated an estimated US$401.8m worth of investment banking fees in the first six months of 2023, 25% lower than in the same period in 2022, according to data gathered by Refinitiv.

Equity capital market underwriting fees fell by 16% during the period, reaching US$76.8m. Debt capital market fees dropped 59% from a year ago to US$36.4m.

Syndicated lending fees also registered an 18% decline to US$125.9m, and advisory fees also fell to US$162.8m, 21% lower than a year ago.

Amongst banks in Singapore, BofA Securities currently leads Singapore’s investment banks in terms of fees generated in 2023, with a total of US$54.2m. This is 13.5% of the wallet share of the total fee pool, according to Refinitiv.

Follow the link s for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!