Investment banking goes global
Article Abstract:
The global development of investment banks seeking to offer an ever increasing range of top quality services has led to the incorporation of many mid-ranged companies into the larger firms. Investment banks in Leeds, UK are following the global trend by focusing on large business rather than smaller firms. The need to rely on City of London-based firms has diminished as investment banking in Leeds has developed to meet the requirements of local firms.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
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Drinks on Lazards as Diageo deal fends of Goldman
Article Abstract:
UK league tables of the top public and private investment firms of 1997 reveal Lazard Brothers achieved 34 combined transactions worth 21,923 million pounds sterling. SBC Warburg Dillon Read completed 26 combined transactions worth 19,785 million pounds sterling. The biggest deal of 1997 was Grand Metropolitan's 9,758 million pound sterling bid for Guinness. Schroders carried out 37 combined transactions worth 12,313 million pounds sterling.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
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It's a rich man's world
Article Abstract:
It has been estimated that investment bankers typically receive fees of 2% on deals worth up to 50 million pounds sterling, falling to 0.7% on deals valued at more than 1 billion pounds sterling. Some bankers agree that the figures are accurate, but, N.M. Rothschild's senior director Richard Davey says that there are no typical fees and they vary depending upon the complexity of transaction.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1997
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