2 years ago
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APAC investment banking fees drops 8.5% in Q1 2022
This comes after its all time high in the same quarter last year.This comes after its all time high in the same quarter last year.
Investment banking fees in Asia Pacific excluding Japan reached an estimated $7.1b in the first quarter of 2022, an 8.5% drop from last year’s numbers according to the investment banking report for Q1 2022 by Refinitv.
Equity capital markets (ECM) fees totaled $1.9b in Q1 2022, a 32.2% decline compared to last year’s figures. Debt capital markets (DCM) underwriting fees totaled $3.6b, up 20.6% from a year ago, surpassing the record start set during the first quarter of 2020. Fees generated from completed M&A transactions totaled $854.9m, a 1.1% increase from a year ago. Syndicated loan fees fell 32.7% YoY and reached $758m.
DCM fees accounted for 50.4% of the overall Asia Pacific investment banking fee pool, followed by ECM underwriting fees with 26.8%. Completed M&A advisory fees represented 12.1% of the region’s investment banking fees, followed by Syndicated lending fees with 10.7%. CITIC took the top position for overall investment banking fees in Asia Pacific, excluding Japan, with 6.6% of the wallet share.
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