Why do firms that are doing ipos have to rely on big investment banking names like jp morgan, morgan stanley etc.? Can't they just do it themselves as ibs definitely will ask for huge serving fees?
Diploma in Business Management at Nanyang Polytechnic
There are a lot of things that you need to do for IPO. Big investment banks have the knowledge and expertise to do all of these. And the banks also act as an underwriter.
There are a lot of things that you need to do for IPO. Big investment banks have the knowledge and expertise to do all of these. And the banks also act as an underwriter.