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Investment Banking League Tables: Neutral Arbiter of Bank Rankings or Marketing Manipulation?

Brian DeChesare

Plenty of mainstream sites and services like the Financial Times, Wall Street Journal, Bloomberg, Refinitiv, and Merger Market publish these league tables in different formats each year. League tables are primarily marketing tools for banks. Here are a few examples, which took approximately 1.6 50 transactions), or fees (e.g., $200

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