Underwriting fee enquiry welcomed — but where are the fees?

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Underwriting fee enquiry welcomed — but where are the fees?

The UK competition regulator has responded to longstanding criticism by listed companies by formally investigating the fees that banks charge for underwriting equity offerings. However, with deal volumes so low in the equity capital markets, they will be hard pressed to find any fees to investigate.

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