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Citi Overtakes Goldman Sachs in Global IPO Underwriting
Original: Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs After SpaceX, SK Hynix, NSE Listings
Citi has moved to the top of global IPO underwriting rankings, overtaking Goldman Sachs. The bank's rise comes after work on high-profile listings including SpaceX, SK Hynix and India's National Stock Exchange. It marks a significant shift in the competitive hierarchy of investment banking, where Goldman Sachs has long held a leading position in equity capital markets.
Why now: Citi displacing Goldman Sachs at the top of the IPO league tables is a notable shake-up on the back of several blockbuster listings.
CitiGoldman SachsSpaceXSK HynixNational Stock Exchange of India
Evidence
- Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs After SpaceX, SK Hynix, NSE Listings · Yahoo Finance
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