Dealmakers at businesses including Citigroup and JPMorgan Chase & Co had been set to feast on an estimated charge pool of almost $400 million for managing the Hong Kong part of the purchase
Banking institutions focusing on Ant Group’s Hong Kong IPO might get $396 million windfall
Jack Ma to be richer than Walmart heirs with mega Ant Group IPO
Jack Ma’s Ant Group IPO draws need add up to Britain’s economy
Jack Ma’s Ant Group intends to increase IPO valuation target to $280 billion
As IPO looms, all you have to realize about billionaire Jack Ma’s Ant Group
For bankers, Ant GroupвЂ™s initial public offering had been the type of bonus-boosting deal that will fund a big-ticket splurge on a vehicle, a boat and even a holiday house.