I-bankers make $761 million in advisory fees during January-September; lowest in 3 years: Report

I-bankers make $761 million in advisory fees during January-September; lowest in 3 years: Report

As per the report, Axis Bank got USD 46.7 million or 6.1 per cent share, Goldman Sachs stood at the fourth slot with USD 46.7 million or 6.1 per cent each of the market pie, and ICICI Bank (USD 40.4 million, 5.3 per cent) comes at the fifth slot.





PTI









October 11, 2021 / 03:16 PM IST





Representative image



Despite deal making scaling past a three-year-high level during the first nine months of the year at over USD 90 billion, investment bankers' advisory fees fell to USD 761.5 million during the period, the lowest in three years, according to a report.

SBI Caps tops the underwriting fees league table with 8.6 per cent wallet share or USD 65.7 million, followed by Morgan Stanley (6.3 per cent with USD  48.1 million) and JPMorgan (6.2 per cent pie with USD 47.5 million) during the first nine months of the year 2021, according to a report by financial markets data provider Refinitiv, is an entity owned by the London Stock Exchange Group.

As per the report, Axis Bank got USD 46.7 million or 6.1 per cent share, Goldman Sachs stood at the fourth slot with USD