The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Job cuts mount as Asian investment banking fees slide

Fee data shows slump in equity underwriting revenues exerting the greatest pressure

Published Mon, Oct 3, 2016 · 09:50 PM
Share this article.

Hong Kong

THE future of Asian investment banking is again under scrutiny as global banks scale back their operations in the region.

Goldman Sachs and Bank of America Merrill Lynch (BAML) are both cutting investment bankers in response to declining advisory fees and heightened local competition.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here