Investment banking fees up on M&As, share offerings
Wed, Dec 24, 2014 - 5:50 AM
Fees earned for investment banking services rose 7 per cent in 2014, a seven-year high, according to Thomson Reuters data. JPMorgan maintained its top ranking in investment banking fees, raking in US$5.8 billion up to Dec 17.
FEES earned for investment banking services rose 7 per cent in 2014, representing a seven-year high, as bankers handled the greatest value of mergers and acquisitions (M&A) since 2007.
Five years after the end of the financial crisis, investment banking fees totalled US$...