FA poll: IPOs

Investment banks fail to impress on IPOs

Our readers doubt the value that investment banks bring to IPOs, which is hardly surprising when you consider how hard it is to define a successful deal.
Facebook's IPO what's not to like Eyepress News

We asked our readers last week about the value that investment banks bring to clients pursuing initial public offerings. The results suggest that few of our readers rate the banks very highly.

This is not surprising in the wake of the epic fail of the Facebook IPO, which has been described by some commentators as the worst stock market debut in recent memory though it surely wasn’t as big a disaster as the Bats IPO in March.

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