Tuesday , 16 December 2025

Recent Posts

Aramco to pay $450m in fees to IPO advisers

Bloomberg Advisers working on Saudi Aramco’s mammoth share sale may split a fee pool of as much as $450 million, according to people with knowledge of the matter, making it one of the biggest IPO pay outs globally. The oil giant is set to pay between $350 million and $450 million to a group of more than 20 banks working …

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Citi to set up wholly-owned securities business in China

Bloomberg Citigroup Inc, which is dissolving its investment-banking joint venture in China, is now planning to set up a wholly- owned securities business in the world’s second-largest capital market, according to people with knowledge of the matter. The New York-based bank may initially focus on brokerage and futures trading while expanding its custodian services in China, the people said, asking …

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JPMorgan posts surprise increase in banking fees

Bloomberg JPMorgan Chase & Co’s traders and investment bankers emerged from a messy third quarter with a few surprise wins. Fixed-income trading jumped 25% and investment-banking fees posted an unexpected increase, the company said on Tuesday in a statement. That led the corporate and investment bank division to its best third quarter in three years. JPMorgan seized on some late-quarter …

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