LONDON: Investment banking fees in the Americas, the most lucrative region in the world, fell by nearly a fifth in the first nine months of 2016 from a year earlier, outpacing a global decline, Thomson Reuters data shows.
Global fees for services ranging from merger and acquisitions advisory services to capital markets underwriting fell 11% to US$60.9bil to the end of September, the slowest nine months for fees since 2012.
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