Mideast investment banking fees dip 22% in first 9 months | GulfNews.com:
"Middle Eastern investment banking fees reached $480.5 million (Dh1.76 billion) during first nine months of the year, down 22 per cent on the same period last year and the lowest first-nine-month total since 2012, according to estimates from Thomson Reuters and Freeman Consulting.
Not one investment banking component saw year-over-year percentage gains during the first nine months of 2015, with equity capital markets underwriting declining 3 per cent compared to last year.
Fees from completed M&A transactions totalled $177.6 million, a 1 per cent decline from the first nine months of 2014, and accounting for 37 per cent of the overall Middle Eastern investment banking fee pool, the highest first nine month share since records began in 1980."
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