London Stock Exchange Group

The growth was fuelled by equity capital markets growing to US$108.7 million, a 42% increase, matched by a similar surge in debt capital markets fees, which also climbed 42% to US$106.4 million.

Fees generated in the APAC region excluding Japan accounted for 17% of total fees earned globally, while investment banking fees from the Americas and Europe accounted for 54% and 23% respectively.

APAC companies excel at disclosing emissions arising from their operations and their emissions reduction targets. However, most have not shared their plans on how to achieve the goals they have set.

SET will adopt a new scoring framework, which will replace the current SET ESG Ratings from 2026.

In the same period, M&A activity in Apac fell by 26% y-o-y to US$179 billion, marking an 11-year low.

“We genuinely think creating an ecosystem that supports the scaling and the health of companies is absolutely our job.”

The selling consortium is made up of the former owners of Refinitiv, the firm that LSEG acquired for US$27 billion in 2021.

Singapore investment banking fees fell 14% y-o-y to US$185.7 million ($251.0 million) in 1Q2024.

Microsoft will buy its stake from a consortium that includes Blackstone, Thomson Reuters Corp and GIC

The unit, supported by MAS, will focus on creating sustainable finance capabilities.