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UK Royal Mail spotlight reopens rift between bankers and advisers

The fallout from the controversial stock market flotation of Britain's Royal Mail (Other OTC: ROYMF – news) has reopened a rift between the bank and independent advisers who run such deals. Subsequent questions over the pricing of the offer have reignited the bad feeling between banks, who sometimes feel advisers get in the way of their relationship with the company or government, and the …

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