Imagine you have two banks, one bank which can get you an acquisition deal worth $100m and the other which can get you an acquisition deal worth $200m. How muc

Imagine you have two banks, one bank which can get you an acquisition deal worth $100m and the other which can get you an acquisition deal worth $200m. How much extra is it worth paying the bank that can get you the $200m acquisition deal ? Banks aren't interchangeable cogs, they vary substantially in what they can offer (using their expertise, contacts and negotiating power) and that's what companies pay for.