Citi Tops Goldman Sachs in Global IPO Underwriting Through September

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Summary · why it matters

Citigroup has taken the top spot among underwriters for global initial public offerings for the year through September, edging out Goldman Sachs Group in the league tables, according to data compiled by Bloomberg. Goldman Sachs remained the top underwriter globally for equity offerings, a broader measure that also includes deals such as block trades and follow-on share sales. Citi advised on several major transactions, including the National Stock Exchange of India Ltd.'s $2.4B listing in Mumbai in September, one of the largest in the country's history. In July, it served as lead global coordinator for SK Hynix's $26.5B Nasdaq listing, the largest U.S. share sale ever by a foreign company. Citi also played a role in SpaceX's landmark $86B IPO in June.

Impact on assets 4

Digital Finance & Tokenization▲ · 1 stocks
Citigroup Inc.
C
▲ PositiveDemandrelevance

Citi topped global IPO underwriting league tables through September, advising on major listings including NSE India, SK Hynix, and SpaceX.

Financials▼ · 1 stocks
Goldman Sachs Group Inc
GS
▼ NegativeCompetitionrelevance

Goldman Sachs was edged out by Citi for the top spot in global IPO underwriting, though it remained top for broader equity offerings.

Semiconductors▲ · 1 stocks
Space Economy▲ · 1 stocks

Off-coverage companies 1

National Stock Exchange of India LimitedPrivate± Mixed
relevance

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