Rediff.com« Back to articlePrint this article

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
A plaza in the Canary Wharf business district of London.

On average over the last three years, General Electric has paid out more in investment-banking services than any other corporation, according to The Economist.

Let's take a look at some of the biggest corporate fees paid to investment banks by companies.

Source: The Economist

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
People walk past the General Electric building, also known as 30 Rockefeller Plaza, in New York.

General Electric

Annual average fee (2010-2012): $278 million

Global rank: 1

Area of expertise: General Electric is an American multinational conglomerate corporation incorporated in Schenectady, New York, and headquartered in Fairfield, Connecticut, United States. The company operates through four segments: Energy, Technology Infrastructure, Capital Finance and Consumer & Industrial.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
Logo of American International Group at their offices in New York.

American International Group

Annual average fee (2010-2012): $215 million

Global rank: 2

Area of expertise: American International Group is a multinational insurance corporation. Its headquarters are located at 180 Maiden Lane in New York City.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
2013 Porsche Cayman in Los Angeles.

Porsche

Annual average fee (2010-2012): $180 million

Global rank: 3

Area of expertise: Porsche is a German holding company with investments in the automotive industry.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
Chesapeake Energy Corporation's 50 acre campus in Oklahoma City, Oklahoma, United States.

Chesapeake Energy Corporation

Annual average fee (2010-2012): $155 million

Global rank: 4

Area of expertise: Chesapeake Energy is an oil and natural gas company located in Oklahoma City, United States. Its operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the US.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
American International Assurance building in Hong Kong.

American International Assurance

Annual average fee (2010-2012): $151 million

Global rank: 5

Area of expertise: American International Assurance is an insurance company based in Hong Kong. It has offices in Asia-Pacific, including Taiwan, China, Australia, New Zealand, Japan, India, Sri Lanka, Malaysia, Macau, South Korea, Thailand, the Philippines, Singapore, Brunei and Vietnam.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
A National Grid electric worker repairs power lines in Worcester, Massachusetts.

PPL Corporation

Annual average fee (2010-2012): $150 million

Global rank: 6

Area of expertise: PPL is an energy company headquartered in Allentown, Pennsylvania, US. It currently controls about 19,000 megawatts of electrical generating capacity in the United States, primarily in Pennsylvania and Montana, and delivers electricity to 1.4 million customers in Pennsylvania, nearly a million in Kentucky, and 7.8 million in Great Britain.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
Steam rises from the chimneys of the Niederaussem coal power plant of RWE Power in Rheidt, north-west of Cologne, Germany.

Kinder Morgan

Annual average fee (2010-2012): $130 million

Global rank: 7

Area of expertise: Kinder Morgan is an American energy company. It is, through a subsidiary, the general partner and owner of many of the interests in Kinder Morgan Energy Partners, a publicly traded pipeline and terminal limited partnership.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
A haul truck is loaded with iron ore at a BHP Biliton mine in West Australia's Pilbara region.

BHP Biliton

Annual average fee (2010-2012): $126 million

Global rank: 8

Area of expertise: BHP Billiton is an Anglo–Australian multinational mining and petroleum company headquartered in Melbourne, Australia, and with a major management office in London, United Kingdom. It is the world's largest mining company measured by 2011 revenues and as of February 2011 was the world's third-largest company measured by market capitalisation.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
A worker cycles inside CNPC Lanzhou Chemical Company in Lanzhou, China.

CNPC

Annual average fee (2010-2012): $125 million

Global rank: 9

Area of expertise: China National Petroleum Corporation is a Chinese state-owned oil and gas corporation and the largest integrated energy company in China. It has its headquarters in Dongcheng District, Beijing.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
Glencore's headquarters in the Swiss town of Baar.

Glencore

Annual average fee (2010-2012): $124 million

Global rank: 10

Area of expertise: Glencore International plc is an Anglo-Swiss multinational commodity trading and mining company headquartered in Baar, Switzerland, and with its registered office in Saint Helier, Jersey.

It is the world's largest commodities trading company, with a 2010 global market share of 60 per cent in the internationally tradeable zinc market, 50 per cent in the internationally tradeable copper market, 9 per cent in the internationally tradeable grain market and three per cent in the internationally tradeable oil market.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
Drugstore chain Walgreens flagship store in Hollywood.

Health care REIT

Annual average fee (2010-2012): $123 million

Global rank: 11

Area of expertise: Health Care REIT's $16.5 billion portfolio spans the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centres and life science facilities.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
Wind turbines operate at a wind farm near Milford, Utah.

Williams Companies

Annual average fee (2010-2012): $123 million

Global rank: 12

Area of expertise: The Williams Companies is an energy company based in Tulsa, Oklahoma. Its core business is natural gas exploration, production, processing, and transportation, with additional petroleum and electricity generation assets. A Fortune 200 company, its common stock is a component of the S&P 500 and the Dow Jones Utility Average.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
Dai-ichi Mutual Life Insurance headquarters in Tokyo.

Dai-ichi Mutual Life Insurance

Annual average fee (2010-2012): $122 million

Global rank: 13

Area of expertise: The Dai-ichi Life Insurance Company is the third-largest life insurer in Japan measured by revenue, only behind Japan Post Insurance and Nippon Life Insurance.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
A view of French oil engineering group Technip tower, left, French group GDF Suez headquarters tower building, second right, and mobile operator SFR tower, right, at the La Defense business district, near Paris.

GDF Suez

Annual average fee (2010-2012): $121 million

Global rank: 14

Area of expertise: GDF Suez is a French multinational electric utility company, headquartered in eighth arrondissement, Paris; which operates in the fields of electricity generation and distribution, natural gas and renewable energy.

Click NEXT to read more...

Biggest fees paid by companies to investment banks

Last updated on: January 14, 2013 04:35 IST
A woman looks at cooling towers of France's Electricite de France nuclear power station in Saint Laurent, Central France.

El Paso Corporation

Annual average fee (2010-2012): $120 million

Global rank: 15

Area of expertise: El Paso Corporation provides natural gas and related energy products and is one of North America's largest natural gas producers. It is headquartered in Houston, Texas, United States.