Goldman tops ranking

  • Business Premium
  • Saturday, 04 Jan 2003

MORGAN Stanley, Merrill Lynch & Co, and J.P. Morgan Chase & Co, which dominated takeover advisory work in Singapore during 2001, saw their business slump more than 95% last year as volume shrank three-quarters. 

Morgan Stanley fell to seventh place from first with US$554mil of takeovers, less than a 40th of the US$22.4bil it worked on in 2001, Bloomberg data showed. Merrill’s US$428mil ranked it ninth, down from second with US$20.9bil, while J.P. Morgan tumbled to 15th place with US$86mil, from third with US$18.7bil. 

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

CapitaLand to reduce reliance on retail, ventures into industrial real estate, logistics, data centres Premium
Report: Affin Bank to dispose of asset management arm for over RM2bil Premium
BHIC to cooperate with MACC in combat vessels probe Premium
Uzma unit bags EnQuest job worth RM30mil Premium
Khairussaleh Ramli to be appointed Maybank president, CEO Premium
Bursa Malaysia rebounds on bargain hunting at final hour Premium
Azman Hashim to retire from AMMB board Premium
Azmin: Genting Hong Kong bankruptcy has no impact on Malaysian economy Premium
China property shares slump as planned U.S. rate hike adds to woes Premium
U.S. yields rise, Asian shares and European futures tumble as Powell warns on inflation Premium

Others Also Read