VENTURE CAPITAL POST

Fees in investment banking sector across the world declined 29% during the first three-month period of 2016 as uncertainty in the global market halted deal proposing activities and other investment events.

As far as investment banking fees go, Bank of America outperformed JPMorgan Chase & Co since it acquired Merrill Lynch & Co in 2008, Bloomberg reported.

Thanks to the decline in deals in Greater China, demand and pay for Southeast Asian investment bankers as deal makers had seen an increase, according Thomson Reuters data.