Bawag floats for €1.68bn but falters on first morning

Aidan Gregory

October 25, 2017 11:00 am

Austria_PA_230x150 — Austrian ski jumper Gregor Schlierenzauer jumps in front of the scenery of the town of Oberstdorf and the Alps at the first training session of the 55th Four Hill Tournament. | A3483 Matthias Schrader/DPA/PA Images

Bankers selling the large quantity of IPOs in process in Europe will not be pleased to see that shares in Bawag, the Austrian bank, are trading 1% down after their debut on the Vienna Stock Exchange. Earlier this morning they were as much as 4% down, so there appears to be a recovery in progress.

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Equity IPOs Equity Europe EMEA Austria

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Aidan Gregory