It’s a world market these days for launching IPOs
Blaming Sarbanes-Oxley for IPO flight overseas may be too easy, especially when you look at other factors—such as the fact that US investment banks charge higher IPO underwriting fees than anyone else, such as seven percent, compared to four percent by London banks.
US investment banks also give their clients higher discounts on new filings, meaning that the company launching the IPO won’t see as much revenue.
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