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Investment bankers get choosy as fundraise season reaches fever pitch

This is to avoid conflict of interest of competing firms

Topics
investment bankers | IPOs | Deals

Samie Modak  |  Mumbai 

Illustration: Binay Sinha
Illustration: Binay Sinha

With the initial public offering (IPO) season in full swing, are getting choosy on selecting . One reason for this is “conflict of interest” clauses, according to which an investment banker is barred from taking up mandates from competing companies to avoid sharing sensitive information and strategies.

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First Published: Tue, July 27 2021. 01:02 IST
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