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Credit Suisse M&A fees swell 184% despite dealmaker exodus
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fnlondon.comCredit Suisse's M&A bankers hauled in 184% more fees in the latest quarter than they did during the same period last year, despite an exodus of dealmakers in a unit rocked by successive crises this year.
The Swiss bank's M&A unit made CHF305m in revenues during the third quarter, its best three-month performance since 2018, as the world's largest investment banks were buoyed by an unprecedented deal boom so far this year.
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