Ripped-Off Britain

* THE ONE AND ONLY, TRUE AND ORIGINAL, 'RIPPED-OFF' WEBSITE ON THE INTERNET *

SEE THE NEW "INTRODUCE YOURSELF" THREAD: HERE - - and - - LOOK AT OUR NEW "CAR-BUYING GUIDE" SUB-FORUM: HERE

    Rip off banking fees are choking company flotations.

    Share
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 12108
    Points : 18225
    Reputation : -25
    Registration date : 2008-08-23
    Age : 73
    Location : Scotland

    Rip off banking fees are choking company flotations.

    Post by papa_umau on Wed 31 May 2017, 11:16 am

    Rip-off banking fees are choking company flotations, warns OECD

    Companies and investors lose out when businesses float on the stock market because banks and other advisers are charging extraordinary fees, the Organisation for Economic Co-operation and Development has warned.

    If this puts companies off raising equity finance, then it means less investment and less economic growth, the group fears.

    Mid-sized companies floating for less than 100m often face fees of around 10pc of funds raised when they go public, as a lack of competition has pushed up the cost of listing.

    Get the full story from The Telegraph HERE




    We often hear of lack of competition in many other spheres, but this is the first time I have heard of lack of competition in the stock markets etc.

    Surely the people that are supposed to protect such investment should ensure that this kind of greed does not kill off enterprise.


    _________________
    Best of regards

    Papa......


    avatar
    zathrus
    Field Marshal
    Field Marshal

    Number of posts : 2520
    Points : 6033
    Reputation : 97
    Registration date : 2008-08-21

    Re: Rip off banking fees are choking company flotations.

    Post by zathrus on Thu 01 Jun 2017, 11:00 am

    I don't think that ordinary people are interested in subjects like that.

    I for one would never play the markets as I have always known they are rigged.
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 12108
    Points : 18225
    Reputation : -25
    Registration date : 2008-08-23
    Age : 73
    Location : Scotland

    Re: Rip off banking fees are choking company flotations.

    Post by papa_umau on Fri 02 Jun 2017, 11:17 am

    I agree, but when I published this article I was thinking about the small start-up companies that need this vital finance to get started.

    It always seems that it is the weak that suffer in happenings like these.


    _________________
    Best of regards

    Papa......



    Sponsored content

    Re: Rip off banking fees are choking company flotations.

    Post by Sponsored content


      Current date/time is Wed 26 Jul 2017, 1:39 pm