COST OF BUSINESS

HSBC tops Standard Chartered in Mideast investment banking fees

The highest amount of investment banking fees were generated from Saudi Arabia, followed by the UAE, Qatar, Kuwait and Egypt

View of Dubai International Financial Centre (Getty Images)

A jump in dealmaking across the Middle East and North Africa has generated an estimated $1 billion in investment banking fees so far this year – a 27% boost over the first nine months of 2023, with HSBC leading the pack.

London-based...