underwriting syndicate

Like every company that goes public, Goldman had an underwriting syndicate.

Nearly every major Wall Street firm was part of the underwriting syndicate for the offering.

Agents place the names among the 354 professional underwriting syndicates that write insurance at Lloyd's.

The competitive auction, the city's first in more than 18 months, produced bids from four underwriting syndicates.

But it questioned the standards or competence of some professionals in the market, including those who place outside names on underwriting syndicates.

Not one of the 36 Wall Street houses in the underwriting syndicate now survives independently.

Initially, the underwriting syndicate had a price range of $21 to $23 a share.

Goldman, Sachs & Company is the lead manager of the underwriting syndicate.

The underwriting syndicate was dissolved in mid-September 1919.

Tapping Fortunes The names provide financing to the underwriting syndicates and share in any profits.

Thousands are suing Lloyd's and the underwriting syndicates, charging mismanagement, and in some cases fraud.

Most distressed names, citing their pending litigation against Lloyd's and some of the underwriting syndicates, declined to be interviewed.

Other firms added Armacon to underwriting syndicates at the last minute, even though the firm had no staff to sell the bonds to the public.

The move to make minority firms more prominent in underwriting syndicates is an increasingly common and contentious version of affirmative action on Wall Street.

Shell offered $250 million worth of four-year notes through an underwriting syndicate led by Lehman Brothers.

Several thousand such individuals are currently involved in civil legal actions against Lloyd's after facing huge bills for unexpected claims against their underwriting syndicates.

The bonds were bought by an underwriting syndicate led by Salomon Smith Barney.

But one member of the underwriting syndicate, who requested anonymity, said that the Chinese insisted on a high price to raise as much cash as possible.

Exxon had sought more than $1 billion from its insurance companies and underwriting syndicates for the tanker accident and oil spill.

The plaintiffs say they face up to $9 million in losses because Lloyd's hid the true risk of investing in its underwriting syndicates.

When the markets opened this morning, Tuesday, rumours immediately circulated in the City among insurance companies and marine underwriting syndicates.

"The real test will come: Will Japanese firms allow the United States banks in the underwriting syndicates?"

The SEC also permits the underwriting syndicate to place stabilizing bids on the stock in the after-market.

This is not the first time that minority-owned firms have muscled their way to the top of underwriting syndicates, displacing older, larger firms.

The securities are being sold through an underwriting syndicate led by Dean Witter Reynolds Inc.