Mideast investment banking fees up 72% in Q2 | GulfNews.com:
"Middle Eastern investment banking fees reached $237.9 million (Dh873.8 million) during the second quarter of 2014, a 72 per cent increase from the previous quarter, according to the quarterly investment banking fees figures from Thomson Reuters.
Despite the quarterly uptick, fees earned during the first half of 2014 registered a 19 per cent drop from the same period in 2013 to $375.9 million.
Fees from completed mergers and acquisitions (M&A) transactions totalled $110.9 million during the first six months of 2014, up 3 per cent from the same period in 2013, and accounted for 29 per cent of this year’s overall Middle Eastern fee pool."
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