Banks looking for niche investment markets in time of economic uncertainties

After the doldrums, the sector is expected to pick up momentum in the second half of next year with a recovery in, among others, oil prices as well as a clear direction on US policies especially on its interest rates

PETALING JAYA: Banks are strategising to compete in niche areas in investment banking at a time when the investment climate is affected by global economic uncertainties and market volatility.

Debt capital market, loan syndication and mergers and acquisitions (M&A) are among the areas where banks in the country see good prospects to strengthen their investment banking portfolios and earnings.