Investment banking fees up 6% in 2019 over higher fees in debt segment

The country's investment banking fees rose 5.8 per cent to $783.5 million in the first nine months of 2019, from the year-ago period, led by higher fees in the debt segment, according to a report by Refinitiv.

Debt capital market underwriting fees totalled $201.2 million, up 108.7 per cent from a year ago — the best-ever first three quarters since records began in 2000.

Equity capital market (ECM) underwriting fees stood at $134.2 million, a 4.7 per cent decrease from the same period last year.

Syndicated lending fees fell 5.2 per cent from the comparative period last year and generated