Goldman Sachs and Morgan Stanley have benefited from another wave of fees as China?s largest listed companies tap stock markets again.
Goldman Sachs has recently raked in $55 million in fees, $29 million of which was from IPOs and $26 million from follow on share sales, according to Dealogic. Morgan Stanley collected $50 million; of that $27 million was for IPOs and $23 million for subsequent share issuances.
The two firms collected 57% of the $86 million in total fees reports Dealogic.
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