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Reuters - HSBC in big win

HSBC has been formally mandated as an adviser on the initial public offering of Saudi Arabia's national oil giant Aramco IPO-ARMO.SE, expected to be the world's largest ever IPO, HSBC's chief executive said on Monday.

Evercore said in big win

Evercore Partners, the U.S. bank founded by Roger Altman, won a role to advise on the planned initial public offering of Saudi Arabian Oil Co., according to people familiar with the matter, getting a coveted spot on what may be the largest-ever listing.



City firms travelling to Saudi deny it's to woo oil giant Aramco

A number of City firms including PwC, Standard Life Aberdeen and the London Stock Exchange (LSE) will be travelling to Saudi Arabia this weekend along with the City of London’s Lord Mayor – but have denied that persuading oil giant Saudi Aramco to list in London will be on the agenda.