Morning Scan: Saudi Oil IPO = Bank Fee Bonanza; Kelleher Profiled

New York Times

Investment bankers the world over are salivating at the fee bonanza that would emerge from a potential Saudi Aramco IPO.

If it went public, Saudi Aramco, the state-owned oil producer in Saudi Arabia, could generate a market value the equivalent of 12 Apples, or about $7 trillion. And that's based on a 2010 estimate. ...