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"'Saudi Aramco listing lures banks' on Yahoo7 Finance Australia. Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia's state-owned oil giant Aramco as a portal to the lucrative deals they expect to flow from the kingdom's plan to revamp its economy. The prospect of new business will offer a respite for investment banks, struggling with dwindling revenue as the global economy slows and regulation eats away at their business. 'For banks, being on this (Aramco) deal is a game-changer for the league tables,' said one senior executive at a European bank, declining to be named due to the sensitivity of doing business in Saudi Arabia.", au.finance.yahoo.com
"From Yahoo Finance: The race to get a piece of what could very well be the largest IPO in history is heating up as investment banks around the world are beginning to fight for position in the upcoming Saudi Aramco initial public offering.", finance.yahoo.com
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