Citigroup has moved ahead of Goldman Sachs to become the world’s top initial public offering underwriter as of the end of September, according to a Techub News brief citing CoinGape. The ranking shift was tied to Citi’s role in several of the year’s largest equity offerings across Asia and the United States. The deals mentioned in the report include SpaceX, SK Hynix, and the National Stock Exchange of India. The update points to a change at the top of the global IPO underwriting league table, with Citi gaining ground through participation in major share sale and listing transactions during the year.
Citigroup has overtaken Goldman Sachs to become the world’s No. 1 initial public offering underwriter as of the end of September, according to Techub News, which cited CoinGape.
The change in ranking was attributed to Citi’s involvement in some of the year’s largest share sale and listing deals in Asia and the United States, including SpaceX, SK Hynix, and the National Stock Exchange of India.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
