Investment banking fees taken in Southeast Asia have soared to the highest level on record for the first nine months of the year, according to Dealogic, as bankers flock to the region in search of revenues.

Total investment banking revenue from deals in Southeast Asia reached $1.1bn between January 1 and October 4 - the highest year-to-date level on record. Dealogic began recording fee revenue in the region in 1995.