Alibaba, Aramco share sale bonanza fails to produce fee windfall for banks
https://www.reuters.com/article/us-alibaba-listing/alibaba-aramco-share-sale-bonanza-fails-to-produce-fee-windfall-for-banks-idUSKBN1XU2WO
A late-year rush of giant global share sales led by Alibaba's $13 billion Hong Kong listing and Aramco's $26 billion initial public offering is failing to deliver an equivalent payday for equities bankers.