Investment banking fees in Asia Pacific excluding Japan climbed 19% in 2025 to an estimated $24.9 billion, according to the London Stock Exchange Group’s (LSEG) Deals Intelligence Asia Pacific ex-Japan Investment Banking Review Full Year Report 2025.
The region accounted for 18% of global investment banking fees over the year. In comparison, the Americas generated 55% of worldwide fees, while Europe contributed 21%.
Equity capital markets underwriting fees rose sharply to $5.4 billion, up 45% from the previous year and marking the strongest annual performance since 2023. Fees from debt capital markets increased 11% year on year to $13.5 billion.
Syndicated lending fees were unchanged at $2.5 billion, while advisory fees from completed mergers and acquisitions reached $3.5 billion, a 43% increase from 2024.
CITIC ranked first in overall investment banking fees across Asia Pacific excluding Japan, earning $1.45 billion in fees, which translated into a 5.8% share of the region’s total investment banking fee pool.
Click here for more on Banking
