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Every Banker in the World Is Chasing the Saudi Aramco Deal

Updated on
  • Top executives are putting Riyadh on their itineraries
  • Saudi investment-banking fees jumped by almost a third

When news broke in January that Saudi Arabia was considering an initial public offering of its state-owned oil company, the first reaction on Wall Street was shock. Then calls began pouring into Dubai -- the Middle East’s financial hub -- from senior bankers in London and New York. 

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