Aramco IPO banks face pared payday of $90 million or less: sources

Reuters DUBAI/LONDON – After battling it out for a role in a giant IPO that promised to make history, and enduring delay after delay, investment banks advising Saudi Aramco are set to be rewarded with relatively slim pickings. The 25 banks working on the listing will earn combined fees of $90 million or less, according to three sources involved in[Read More...]

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