23-12-2014 01:04 via news.yahoo.com

IPO bankers earn a merry Christmas with a bumper year - data

By Freya Berry and Elzio Barreto LONDON/HONG KONG (Reuters) - Bankers responsible for floating companies and selling new shares into the market will enjoy a well-earned rest this Christmas after their busiest year since 2007, having notched up business worth almost $865 billion in the last 12 months. Firms flocked to issue shares in 2014 and private equity firms seized the opportunity to sell out of investments, cashing in on renewed confidence in the stock market and investors' hunger for yield
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