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IPO league table: Foreign banks back in action

Four foreign investment banks feature among the top 10 in H1 of 2017

Ashley Coutinho 

After shying away from initial public offerings (IPOs) in recent years, foreign investment banks are getting back in action. Credit Suisse, Citi, Morgan Stanley and Nomura feature among the top 10 investment banks, which have handled the most volume of public share sales in the first half of 2017, Bloomberg data show. Only two foreign banks had made it to the top 10 in the first half of the previous two years.  Domestic investment bank ICICI Securities has topped the league table. Credit Suisse and Citi are second and third followed by Axis Bank and IDFC Bank. Experts say ...

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First Published: Mon, July 03 2017. 03:11 IST
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