Singapore investment banking

M&A deals involving a Singapore target total US$10.2 billion so far in 2023, down 70% y-o-y, marking a decade low.

During the 1Q2022, M&A activities in Singapore increased by 13.0% y-o-y to US$28.6 billion.

Investment activities in Singapore amounted to US$443.1 million ($600.8 million) in the first nine months of the year, down 39.9%

In a bourse filing on Monday, the group also reported that total income for the quarter grew 13% to a new high of $3.82 billion on the back of  loan growth, record fee income and higher trading gains.

SINGAPORE (Mar 28): Singapore investment banking activities generated US$172.8 million ($234 million) in fees in the first quarter ended Wednesday, which was 24.8% lower compared to a year ago.