Apac (ex Japan) investment banking fees grew 19% to $24.9bn in 2025: LSEG

In a positive year for the region's banks, 2025 ECM fees in Apac, ex Japan, were up 45% from 2024, DCM fees saw 11% growth, amid a record year for bonds, while M&A advisory fees climbed 43%.

Andrew Tjaardstra

January 06, 2026

An estimated $24.9 billion worth of investment banking (IB) fees were generated in Asia Pacific (Apac), excluding Japan, in 2025, which was an increase of 19% compared to 2024, according to data from the London Stock Exchange Group (LSEG).

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Apac (ex Japan) investment banking fees fell 5% in Q1 as ECM fees grew 62%: LSEG

The ECM market performed the strongest in Q1, with Hong Kong leading the way, while Apac (ex Japan) M&A fees fell 47%.

April 14, 2026

Seeing Green: Seizing the green economy in APAC

In a webinar on the sustainable investment landscape in APAC presented by FinanceAsia and London Stock Exchange Group, the panellists stressed the need for common standards and that sustainability need not be at odds with profitability.

London Stock Exchange Group

Glencore targets October secondary listing on ASX

The global commodities and mining giant hopes to tap into one of the world's "fastest-growing pools of long-term investment capital" with the listing.

August 07, 2026

Bank of America makes Japan and Apac leadership appointments

The investment banking arm has named a co-head of Japan FIG and a head of Asia ex-China FIG, who will also lead Apac insurance.

September 27, 2026

Natixis CIB names Apac, Middle East energy transition and natural resources co-head

Cyril Dissescou has previously been a senior executive at Nexif Ratch Energy and BNP Paribas.

October 12, 2026

Bank of America appoints Apac industrials IB leaders

FA has learned that the US bank has made three leadership appointments.

August 19, 2026