Does Fintech Disruption Break The Investment Banking Model?
YoungUpstarts
OCTOBER 23, 2017
IPO market is broken”, positioning their offering as an alternative to capitalize on the dwindling supply of smaller IPOs, pointing out that only 18 companies completed IPOs that raised less than $50M last year, versus 557 in 1996. According to research from JP Morgan, revenues from investment banking peaked in 2009 at $207.7
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