Bank revenues drop on fewer IPOs in Asia

03/26/2008 | Financial Times (free content)

Investment banks, including Morgan Stanley, Credit Suisse, Goldman Sachs and UBS, have seen their revenues from equity capital markets plummet in Asia as fewer companies opt to go public. Bank fees from Asia, not including Japan, have dropped by as much as 70.9% so far this year, according to data from Thomson Financial.

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Financial Times (free content)

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