Wall Street’s IPO fee machine under threat


Wall Street NYSE fearless girl

NEW YORK: China’s regulatory crackdown threatens to reverse a surge in underwriting fees for United States investment banks like Goldman Sachs Group Inc, Bank of America Corp and Morgan Stanley.

Companies based in China have been the most prolific foreign issuers of equity in New York during the pandemic.

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Wall Street , IPO , fee , Morgan Stanley , Bank of America ,

   

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