WSJ News Exclusive | Big U.S. Banks Crowd Into Aramco IPO

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

JPMorgan, Morgan Stanley, Goldman Sachs are among the banks to have been chosen to underwrite the listing of Saudi Aramco

Global investment bankers launched the underwriting process for the initial public offering of Saudi oil giant Aramco in Dubai on Thursday, a sign financiers who shunned the kingdom in the immediate aftermath of the murder of journalist Jamal Khashoggi are turning the page.

Government-owned Saudi Arabian Oil Co. has so far chosen nine banks to underwrite its listing: JPMorgan Chase & Co., Morgan Stanley, Goldman Sachs Group Inc., Bank of America Merrill Lynch, Citigroup Inc., HSBC Holdings PLC, Credit Suisse Group AG and...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is it just me or does anyone wonder why our children have defend their IPO?

Aramco has picked jpmorgan and MorganStanley to lead their upcoming IPO. equilarinc notes that JPMorgan Chase CEO James Dimon earned $30,019,840 in 2018, while Morgan Stanley CEO James Gorman earned $26,545,324. $JPM $MS execcomp CorpGov Source:

Warning Saudi gov is not an elected regime. Any investment with a dictator is not legal. It's against the will of that nation. The Saudi gov currently is not a stable regime. It will be thrown away and illegal deals will go with it. Be wise, don't provoke people of that nation.

The look of smug arrogance

Great 3 extremely corrupt banks ... awesome

jpmorgan MorganStanley GoldmanSachs How much money will you invest if he orders the murder and dismemberment of 10 journalists? How about 20?

The Saudis have never been held accountable for 911.

🤦‍♀️

I have the utmost respect for Saudi Shieks. They earned their massive wealth the hard way.......by being born.

The reputations of these banks will get connected to the alleged Saudi state-sponsored killing and dis-membering of the wapo journalist

Bloody murderers aided by the USA at every turn. ANYTHING FOR BIG OIL. They behead gays and Washington does not so much as whine. F him. The SPOILED FAMILY SHOULD FALL.

gonna go out on a limb here and say you shouldn't trust the Saudis (and their chainsaws)

It all comes down to the Benjamins. The banks will invest the money they screwed consumers out of into a fossil fuel future. Gotta love the build-in failure.

Corrupt, greedy and Immoral - that's what the 3 banks should be named. As for this despot known as MBS.....well we all know how things go if you try to walk away.

- mbs 😎❤️ 💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚🇸🇦

You Won’t Fail. We Promise. A bold approach to business, but one we strongly stand behind. We have never seen someone fail at Web-talk that didn't quit. Join us now by clicking on the link or image HappyBirthdayRM HappyNamjoonDay

Financing The Prince Chainsaw, actually financing slautering Human Kind

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WSJ News Exclusive | U.S. Says Russia Orchestrated Chechen Rebel’s Murder in GermanyU.S. officials say Russia was behind the murder last month of a Chechen rebel in Germany, the latest fatality in a flurry of assassinations that has claimed lives the country’s perceived enemies abroad. Let alone the Conspiracy with the Orange Man realDonaldTrump trump's lover IMPALES ANOTHER OF HIS ENEMIES ABROAD. trump worries if he's next Isnt this almost exactly how WW1 started? 🤔🤦‍♂️
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | China’s Anbang to Sell U.S. Hotels for More Than $5.8 BillionChina’s Anbang has agreed to sell a luxury hotel portfolio for more than $5.8 billion even as a California individual had secretly created a series of fake deeds to transfer ownership for up to a half-dozen of the hotels. Didn’t the Japanese buy landmark properties in the US at the top of the cycle in the late 1980s, only to sell them at the bottom of the cycle several years later, the fake deed issue, notwithstanding? Y'all hiring?
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | Charles Schwab to Cut 600 Employees, or About 3% of StaffCharles Schwab's move to trim staff comes as firms across Wall Street and beyond grapple with a shift in Federal Reserve policy So...the FED hints at raising rates and corporate American lays off employees. A stretch to tie company specific layoffs to a shift in Fed policy, particularly when the Fed just eased Lower net interest margins adversely impact on bank profitability
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | Forever 21 Plans to File for Bankruptcy as Early as SundayRetail chain Forever 21 is planning to file for bankruptcy as early as Sunday after facing a cash crunch for months, according to people familiar with the matter. Forever chapter 11? ThaCapitulino vc tinha falado, domingo vão declarar falência This is not good...my kids & nieces love this store.
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | Groupon Said to Be Pursuing Acquisition as Business Faces Pressure From InvestorsDaily-deals company Groupon is pursuing an acquisition amid discontent among shareholders about the firm’s financial performance and stock price, people familiar with the matter say. The target could be Yelp, the San Francisco-based online-review company, according to two other people familiar with the situation. Two drunks holding each other up at the bar. Groupon acquiring yelp! Hilarious, both a failure, that would be the end of Groupon, Yelp’s almost finished, peope turned away from yelp knowing darn well reviews Manipulated for money, thanks to the dummy stoppleman. He killed yelp & now walking out. Feel sorry for Shareholders.
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | Nissan Management Withholds Full Ghosn Report From BoardNissan Motor’s management has yet to give its board the complete 170-page report detailing alleged wrongdoing by former Chairman Carlos Ghosn, drawing complaints from some directors. Imagine not getting the full picture, then asking America to vote for you again... Ha! They got Trump-Barred! No collision.
Source: WSJ - 🏆 98. / 63 Read more »