As BNP Paribas works to cement its place at global investment banking’s top table, its equity capital markets (ECM) team is playing an important part in the process. While its equity-linked business is gaining market share in Europe, it is winning more international mandates in initial public offerings (IPOs).
Indeed, the bank was named Investment Bank of the Year for IPOs in The Banker’s 2020 Investment Banking Awards. The citation noted the momentum that had been building in BNP Paribas’s IPO franchise, particularly over the previous 12 months.
