The small Washington-area investment bank climbed from obscurity to third place in the IPO rankings - admittedly, in a very weak year - while still charging many of its clients 7 per cent.

• 去年，这家默默无闻的银行一跃成为IPO业务排行榜上的第三名(当然，这是在市场极为低迷的一年中取得的)，而它对许多客户也实行7%25的收费标准。