HONG KONG — 2023 marked a milestone for worldwide banks’ diversifying methods in Asia, as China’s sluggish restoration and strict international market itemizing guidelines pushed the West’s large funding banks to search for development in different markets.
For the primary time since 2008, funding banks collected extra charges from advising Southeast Asian shoppers on bond and inventory points than they did from teaching Chinese language corporations doing worldwide offers on such issues, Dealogic knowledge launched on Wednesday reveals.