US$267m surge in net fees

PUBLISHED : Tuesday, 23 February, 1999, 12:00am
UPDATED : Tuesday, 23 February, 1999, 12:00am

Net fees and commissions increased US$267 million to $5.73 billion, with significant growth in Europe and Latin America offset by a decline in Asia-Pacific. 'Falls were most noticeable in fees from securities, credit facilities and cards and in investment banking, in corporate finance, underwriting and structured financing.'

 

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