Deluge of deals to lift i-bank bonuses to a record in 2024
The fee pool at investment banks swelled in 2024 thanks to the large initial public offerings (IPOs) of companies such as Hyundai Motor India, Swiggy, Ola Electric and Firstcry. The year also saw large block deals in companies including ITC, Trent and Bharti Airtel, enabling PE investors take some money off the table. Besides, key…