Fees charged by investment banks in Australia are at the lowest year-to-date levels in three years, according to data from research house Dealogic.
Reported by the Australian Financial Review, the data says fees across M&A advisory, equity and debt capital markets dropped 12% to $US573 million in the year to June 7 compared to the same period the year before.
The numbers are just an estimate, since investment banks don’t have to disclose all their fees.
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