18.04.2013 - Mideast investment banking fees grow 49pct in Q1
Middle Eastern investment banking fees recorded $143.5m in Q1 2013, marking the best first quarter for fees in the region since 2008. In its investment banking analysis for the Middle East for the Q12013 released yesterday, Thomson Reuters noted the regionís first quarter fees of the investment banking recorded a 49 percent increase over the same period last year. Year-on-Year fee increases were seen across asset classes. Completed M&A fees totaled $47.6m, up 81 percent from the first quarter of 2012 and accounting for 33 percent of the overall fee pool. Fees from debt capital markets underwriting in the region hit $44.1m, up 48 percent from the $29.8m seen during the first quarter of 2012...........................................Full Article: Source
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