Jio IPO falls short of record payday for bankers despite mega issue
Jio Platforms is paying 19 banks about 196 crore in fees for its $3.1 billion IPO, just 0.65% of the issue size, as fierce competition squeezes investment banking earnings. Jio Platforms is paying a… [+2035 chars]
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Original source: https://www.business-standard.com/markets/news/jio-ipo-falls-short-of-record-payday-for-bankers-despite-mega-issue-126102601649_1.html