Stabilisation profits: sharing is caring
I turn my attention to one of the ECM world’s best-guarded secrets: the profits banks can make from stabilisation.
I turn my attention to one of the ECM world’s best-guarded secrets: the profits banks can make from stabilisation.
What has happened to Malaysia’s primary equity markets? Once the darling of ECM departments, featuring highly successful multi-billion dollar offerings by the likes of Petronas Chemicals, Felda Global Ventures or IHH Healthcare, the Southeast Asia nation now languishes at the bottom of the regional league tables. read
Revenue generated by investment banks from underwriting Chinese IPOs globally was US$650 million in the first three months of this year, The Wall Street Journal reported. With all due respect to the Journal, that is probably a low-ball estimate, not counting all the ways banks profit from new listings. read