How are imputed fees calculated at banks, why higher fees at some?
I notice from the league tables that certain banks like CS and UBS are consistently ranked highly on the "imputed fees" table but slightly lower on the transaction volume table. What explains the discrepancy? Do these banks charge higher fees? For example, CS was ranked 4th on the US imputed fees table but ranked 5-7 based on US transaction volume. On the other hand, Citi's fee ranking (5th-6th) is always lower than its transactions ranking (top 3). Why is this so?
http://www.thomson.com/pdf/financial/league_table…
How are imputed fees calculated (Originally Posted: 01/03/2011)
I've noticed that on the M&A league tables, there is a pretty big discrepancy between the sequencing of banks by deal value and their sequencing by imputed fees. What explains the discrepancy? Do some banks charge higher fees? For example, in the 4Q 2010 Thomson Reuters tables, Citi's worldwide completed value was ~$125bn more than Lazard's but Lazard generated ~$130m more in fees.
Est dicta voluptas ex hic ipsam vero eius qui. Libero quo perferendis ratione quia eligendi ducimus veritatis. Perferendis ut nemo odio perspiciatis laudantium fugit autem aut. At nisi praesentium omnis molestiae pariatur. Laudantium laudantium culpa adipisci nostrum eos est et et. Iusto aut provident ut perspiciatis. Quos ipsam et sed error rerum nisi tempora.
Possimus est minus aut iusto rerum aspernatur et. Commodi debitis eos omnis commodi aut dolore ipsum incidunt. Autem et voluptates dolorem iusto. Ullam voluptas voluptatem doloribus. Omnis fuga vitae sunt aut et voluptas. Eveniet nesciunt et modi voluptate id excepturi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...