Facebook has reportedly hired three more banks to underwrite its IPO, bringing the total number of financial institutions on that merry bandwagon to nine — not inluding Ernst & Young, which is overseeing accounting and autiding for the deal.
Facebook Inc. hired Deutsche Bank AG, Credit Suisse Group AG and Citigroup Inc. to work on its $5 billion initial public offering and give it access to more credit, a person with direct knowledge of the situation said. Facebook’s ne... Read Post
The news that Morgan Stanley is "close" to leading Facebook's IPO will not sit well at Goldman Sachs. Sure, the report on Facebook's IPO said Goldman would have a "major role." But for Goldman Sachs, on IPO like Facebook, the only a... Read Post