According to data provided by Refinitiv on Friday, the two biggest banks in Switzerland performed admirably in the first half of the year’s investment banking league tables for the Asia Pacific region excluding Japan.
Credit Suisse outperformed all rivals in the target mergers and acquisitions league table with 17 deals, a number that increased by 13% from the previous year and translated to a $97.2 million value and a 20% market share.
UBS placed third in the league standings for M&A fees after reporting fees of $113.1 million, a considerable increase from the previous year. Its market share increased to 6.2%, and the number of transactions increased by exactly half to 24.
Credit Suisse moved up one spot to ninth place in the same category from fifteenth the previous year. Based on 22 acquisitions, it reported fees of $60.6 million, an increase of more than half.
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