Goldman Sachs has long been acknowledged as an expert in privatization but Euromoney‘s poll shows just how far ahead of the pack Goldman is:overall, Goldman Sachs ranks 49 points ahead of its closest competitor -more than most banks scored in total.
Euromoney‘s ranking of the top 20 privatization banks is based on aggregate scores given by governments, privatized companies, investors and the banks’ peers. Euromoney asked government ministry officials involved in privatization programmes, company directors of privatized companies, and heads of equity capital markets: “Overall, which banks or investment banks are the best global co-ordinators of privatization issues?”Institutional investors were asked: “Overall, which banks or investment banks do you most like to buy privatization shares from?” Scores from these questions were added together to produce the top 20 banks overall.
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