For years, investors in the UK and US have been perplexed as to why the large number of banks and advisers that compete for equity market business do not differentiate on price. So they will be pleased that the UK's Office of Fair Trading plans an official investigation on the topic. The probe will not target specific banks but rather study the market for equity underwriting on initial public offerings, rights issues and other equity-related services.
多年來,英美投資者一直感到困惑:為何競爭股票市場業務的眾多銀行與咨詢機構,沒有在價格上加以區分呢?有鑒于此,下述消息想必會讓他們感到欣喜:英國公平交易辦公室(Office of Fair Trading)計劃就這一問題展開正式調查。此次調查不會針對具體的銀行,而是研究首次公開發行(IPO)、增發的證券承銷及其它股票相關服務市場。
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