News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

FIG bankers back in the mix with Direct Line IPO

Goldman Sachs, Morgan Stanley and UBS have called on bankers both old and new to help with the listing of the RBS-owned insurer, a rare deal for UK FIG bankers this year

The much-anticipated listing of the Royal Bank of Scotland-owned insurer Direct Line brings together veteran bankers with a new generation of equity capital markets advisers. Financial News looks at financial institutions bankers tasked with selling part of the company in the public market.

RBS announced the IPO of around a quarter of its stake in Direct Line last Friday, in a listing potentially worth $3bn. The deal comes in what has been a quiet year for FIG bankers in the UK.

WSJ Logo