Aramco dominates in a mixed year for ECM as banks expect IPOs to stay difficult

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Aramco dominates in a mixed year for ECM as banks expect IPOs to stay difficult

canary_wharf_PA_230x150_dec20
General view of the financial district’s skyline of the Canary Wharf, London on November 18, 2019. (Photo by Alberto Pezzali/NurPhoto) | Alberto Pezzali/NurPhoto/PA Images

The EMEA equity capital markets have ended the year on a high, with strong risk appetite prompting a string of block trades in December. The year also ended with more issuance than 2018, thanks to the world’s largest ever IPO. GlobalCapital speaks to bankers about their expectations for 2020.

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