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Feature: Singapore investment banking fees down 20% year to date (Sep 2023)
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Singapore investment banking fees down 20% ytd
Gavyn Ng was featured in an article of The Business Times where he shared his insights on the fall in the value of M&A activities in Singapore.
Gavyn Ng, financial advisory partner at Mazars in Singapore, said market macros such as rising interest rates, consumer price index volatility, a weaker economy and geopolitical risks have played significant roles in the slowdown.
Additionally, funds and corporates have shifted their focus towards nurturing their existing portfolios, emphasising value creation and strategic and tactical improvements or alignments, he added.
Read the full article on The Business Times here
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