Fees earned on Middle Eastern debt capital market transactions doubled in the first half of this year, offering a welcome boost for investment banks that have seen regional business dry up.
Bankers pulled in fees of almost $55m in the first six months, as the total volume of debt capital market transactions rose 51 per cent compared with the same period last year to $6.9bn, according to data from Thomson Reuters. Germany’s Deutsche Bank topped the debt capital market fees league table, earning 10 per cent of the pot.
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