Investment banking fees surge as capital market activity picks up | GulfNews.com:
"Middle Eastern investment banking fees reached $535.9 million during the first nine months of 2013, up 22 per cent over the same period last year, and the best first nine months for fees in the region since 2009, according data compiled by Thomson Reuters.
“This is the best first nine months for fees in the region since 2009. Fees from completed M&A transactions fees totalled $150.2 million, up 37 per cent from the first nine months of 2012,” said Russell Haworth, managing director, Middle East & North Africa at Thomson Reuters.
Fees from debt capital markets (DCM) underwriting in the region hit $112.7 million, up 75 per cent from $64.5 million during the same period last year, and marking the best first nine months for DCM fees in the Middle East of all time."
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