Christine and Greta
2020
A slack start to the year prompts bankers to rethink their reservations about helping Saudi Aramco list its shares on international venues.
“You have to respect the way they were able to ramp the valuation on their domestic listing to $2 trillion with outright coercion and a few handouts for hedge funds. Sometimes I think we’re missing a trick in America,” says JPMorgan chief executive Jamie Dimon. “So I told Michael Klein if he can get us a soft guarantee of a $50 million fee, we’re all in.
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