ECM Bankers investing their own money in IPOs
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Not sure if its the same in the US, but in Europe: If the bookrunner has a commercial banking arm, there'll sometimes be a retail allocation (like 1-5% of offering) for that bank's clients. Bankers can get in that way.
This seems i l l e g a l
Blanditiis laudantium et quo cupiditate nihil eos beatae error. Voluptatum et alias et ut vero.
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