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Boeing issues over $20 billion, with four banks grabbing as much as 0.3 billion in financing fees.
Just before the stock market cooled down before the US election, boeing's financing of over $20 billion brought lucrative returns to four banks. According to the documents submitted by Boeing to the US Securities and Exchange Commission, goldman sachs, bank of america, citigroup, and jpmorgan are expected to receive up to $75 million in revenue each for serving as the main joint bookrunners for this equity financing. This accounts for nearly 80% of the total fees shared by approximately 20 banks involved in this transaction. Representatives of Boeing, goldman sachs, bank of america, citigroup, and jpmorgan declined to comment.
Overnight news: U.S. stocks closed higher, nvidia will be included in the Dow Jones Industrial Average, apple invested $1.5 billion in satellite communications, usa manufacturing activity contracted for the seventh consecutive month.
For more global financial news, please visit the 24-hour real-time financial news market closing: US stocks close higher, the Dow rises by 280 points, the market shakes off the impact of weak data. Top 20 US stock turnover on November 1st: Amazon's strong financial report boosts stock price, popular Chinese concept stocks varied on Friday, Taiwan Semiconductor rose by 1.3%, Alibaba fell by 0.4%, international precious metals futures closed slightly lower, COMEX gold futures fell by 0.12%, US WTI crude oil fell by 3.2% this week, the market continues to focus on the development of the situation in the Middle East. European stocks close higher, the German DAX index rises by 0.96%, macro traders increase their shareholdings in the US before the presidential election.
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EZ_money : billions and trillions of Bitcoin where's the source?