Wall Street mired in US$2t Saudi Aramco quandary

Read Full Article At The Original Source

THE scaling back of Saudi Aramco’s initial public offering – despite nearly every major investment bank being involved – raises awkward questions about the effectiveness of mammoth syndicates of advisers and IPO book-runners. More appears to be less.


Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About HEDGEaccordingly.com