07.06.2022

Global Investment Banking Fees Fall to Three-Year Low

07.06.2022
Global Investment Banking Fees Fall to Three-Year Low

Worldwide M&A activity totaled US$2.2 trillion during the first half of 2022 a decrease of 21% compared to year-ago levels and the slowest opening six months for mergers & acquisitions in two years. The second quarter of 2022 marked the seventh consecutive quarter to surpass US$1 trillion, an all-time record.  By number of worldwide deals, just over 26, 700 deals were announced during the first half of 2022, a decrease of 17% compared to year ago levels and a two-year low,” comments, Matt Toole, Director, Deals Intelligence, Refinitiv, an LSEG business

Global Investment Banking Fees Fall 31% to Three-Year Low

ECM Fees Register 72 Decline; DCM Falls 26%; Completed M&A Fees Down 6%

Top Five Banks See Collective Wallet Share Fall by 4.9% Points

  • M&A Financial Advisory Review

Global M&A (view report here)

Worldwide M&A Falls 21% Eighth Consecutive US$1 Trillion+ Quarter

Private Equity Backed M&A up 1% to First Half Record

Technology Accounts for Record 25% of Deal Making

Emerging Markets Deal Making Falls 14% to Two-Year Low

China & India Drive 57% of Emerging Market M&A

Mega Deals Account for 24% of Announced Emerging Markets Value

Global ECM Activity Declines 67% To 17-Year Low

Global IPO’s Surpass $70 Billion, Down 67%; US Listings Fall 95%

Issuers From China Account For 35% Of Global ECM

Supplemental overview into the SPAC​Market for the First Half of 2022.

Global Debt Capital Markets Activity Down 14% To US$4.8 Trillion

Investment Grade Corporate Debt Issuance Down 7%

Global High Yield Debt Falls 78% To 13-Year Low

Global Syndicated Lending Down 19% to Two-Year Low

Acquisition-Related Financing Falls 37%

Energy & Power, Financials and Industrials Lead Sector Mix

Source: Refinitiv Deals Intelligence

Related articles

  1. Warsaw Stock Exchange Aims to Continue IPOs

    This will bolster KKR’s capacity to serve as a full-service underwriter for IPOs.

  2. Jamie Dimon said Latino-led businesses are critical to the U.S. economy but lack access to capital.

  3. WEX Options Algo Built for Market Complexity

    Due diligence process has not kept pace with the proliferation of algorithmic trading.

  4. From The Markets

    TD Acquires Cowen

    Jeffrey Solomon, chair & CEO of Cowen will lead TD Cowen, a division of TD Securities.

  5. Turnover rose across all instruments except for currency swaps.