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.
SK Hynix Inc
Citigroup Inc.
Goldman Sachs Group Inc