New York’s stockmarkets are thrashing Hong Kong and London
As it attracts more overseas listings, the Big Apple is getting bigger
In 2006 Charles Schumer and Michael Bloomberg took to the pages of the Wall Street Journal to express their concerns about New York. The senator and mayor both feared that the Big Apple was losing its financial edge. The city had, after all, captured only one of the previous year’s 24 largest initial public offerings (ipos).
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This article appeared in the Finance & economics section of the print edition under the headline “The bigger apple”
Finance & economics March 11th 2023
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