02-Oct-2008 5:12 PM
Eking out a living. Investment banks earn a crust helping aviation trade sales
Analysis
The current flurry of airline and airport sales has provided some relief for the investment arms of some of the leading financial institutions. called in as advisers to the various transactions.
The latest, today, is the reported role of HSBC Holdings and Royal Bank of Scotland as advisers on the pre-emptive sale of London Gatwick Airport. That is a relatively big one, expected to be dealing in the region of GBP2-3 billion.
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