Too many mouths: Europe’s boom in bookrunners
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Too many mouths: Europe’s boom in bookrunners

Bookrunner numbers on European deals are climbing ever higher, and it’s hurting deal execution. That, at least, is the complaint of many in the DCM and syndicate world. Is this just self-interest, or should issuers be worried? What, if anything, can be done about the growing mandate roll calls?

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