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IPO

IPO

HSBC chief executive Stuart Gulliver confirmed the bank’s appointment as an adviser on Saudi Aramco’s IPO. Photo: Nora Tam

HSBC appointed adviser on history’s biggest IPO

HSBC has been formally appointed as an adviser on the initial public offering of Saudi Arabia’s national oil giant Aramco, predicted to be the biggest listing debut in history, chief executive Stuart Gulliver confirmed on Monday.

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