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Global investment banking fee rises by 21% to reach $115.8 bn in nine months

Global investment fees-IFM-image
Fees in the third quarter of 2021 amounted to $35.3 bn

Global investment banking fees increased by 21 percent year-on-year to reach $115.8 billion during the first nine months of 2021, according to global data provider Refinitiv. This was the strongest opening nine-month period for global investment banking fees since records began in 2000.

Fees during the third quarter of 2021 amounted to $35.3 billion, which was 12 percent lower when compared to the second quarter of this year.

The Refinitiv report said, “The Americas contributed 53 percent of all fees generated globally with $61.7 billion, a 28 percent uptick compared to 2020 levels and the highest percentage since 2013. Imputed fees in the EMEA region increased 22 percent to $26 billion during the first nine months of 2021, driven by year-over-year gains in the UK and France. Powered by a 4 percent increase in North Asia, total investment banking fees in Asia-Pacific and Japan hit $28.1 billion with a 7 percent uptick compared to 2020.

Equity capital markets underwriting fees amounted to a record $30.1 billion during the first nine months of 2021, a 36 percent increase compared to 2020 levels, powered by record IPO issuance during the period.

Fees from global financials-related activity led all other sectors to $36.3 billion, up 38 percent compared to a year ago and accounting for 31 percent of all fees globally.

Similarly, fees collected from the technology sector totaled $12.4 billion, an increase of 46 percent compared to a year ago while industrials fees totaled $11.4 billion, up 8 percent.

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