Li Ka-shing's hectic start to 2015 has meant record Asia M&A, loan and equity deals so far this month - good news for investment bankers close to the 86-year-old Hong Kong tycoon's empire.The brisk business - $108 billion of Asia M&A makes it the best start to a year, according to Thomson Reuters data - raises hopes that the Chinese Year of the Goat could bring a windfall to a region that has been starved of fees.Li's companies have single-handedly led the deal flurry.Over the years, Goldman Sachs has emerged as Li's favoured bank, pulling in an estimated $220 million in fees from Li's two main companies Hutchison Whampoa and Cheung Kong Holdings since 2000. That tops the $136 million earned from Li by HSBC Holdings, traditionally Li's go-to bank for financing deals with its dominant local presence and a dedicated team to cover Li's companies. Bank of America Corp earned $131 million.
Bank of America Corporation (Bank of America) is a bank holding company and a financial holding company. Shares of BAC fell by 2.24% or $-0.36/share to $15.73. In the past year, the shares have traded as low as $14.37 and as high as $18.21. On average, 78172600 shares of BAC exchange hands on a given day and today's volume is recorded at 103376864.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.2% or $-0.08/share to $39.74. In the past year, the shares have traded as low as $33.21 and as high as $41.44. On average, 747403 shares of TRI exchange hands on a given day and today's volume is recorded at 909150.
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