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Investment bank fees soar to seven-year high, led by JP Morgan

2015-01-21 13:25:24| IT Services - Topix.net

Investment banking fees surged to a seven-year high of $90.1 billion in 2014, driven by deals in North Asia and Southern Europe, with the huge North American market offering ballast in a sector increasingly expected to see some wobbles this year. Fees for deals done in North Asia leapt 28 percent to $7.4 billion while Southern Europe saw a 29 percent jump to $2.6 billion, data compiled by Thomson Reuters shows.

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