Not getting enough for their money: treasurers mull self-arranged bonds
Quite a lot for not very much: this is how corporate treasurers are starting to view the fees they pay out to banks to raise money for them in the capital markets. With corporate paper in such demand, and companies already well connected to investors, banks will have to work harder than ever to justify their place in the food chain, writes Nina Flitman.
Its not enough that corporates are out-performing their banks in almost every area of the markets now they think they might be able to do the bankers own jobs better as well.
Corporate bonds are in such strong demand that some issuers think they could self-arrange deals and
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