Aramco Gives Top IPO Roles To Nine Of The World’s Biggest Banks

Saudi Aramco has given the leading role in its share listing to nine of the world’s largest banks that would lead what will be the biggest initial public offering (IPO) ever, Reuters reported on Wednesday, quoting two sources with knowledge of the matter. The winners in the world’s largest share sale who will act as joint global coordinators are JP Morgan, Morgan Stanley, Bank of America Merrill Lynch, Goldman Sachs, Credit Suisse, Citi, HSBC, and Saudi Arabia’s National Commercial Bank and Samba, the sources told Reuters.…