When It Pays to Pay Your Investment Banker
Just stumbled across a fascinating paper about bulge bracket brokers, and whether they are worth their salt or not. Andrey Golubov, Dimitris Petmezas and Nickolaos Travlos of the Cass Business School, the University of Surrey and the ALBA Graduate Business School examined almost 5,000 deals conducted between 1996 and 2009 to find out. They found…





















