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European IPO Pipeline Remains Robust, Goldman Sachs Says

Bloomberg Markets
Wednesday, March 18, 2026 at 10:46 AM
~4 min read
Banking

Original Report

Andre Kelleners, co-head of EMEA investment banking at Goldman Sachs, discusses the impact of the war in Iran on markets and M&A deals, saying clients "remain quiet forward leaning," while the...

Andre Kelleners, co-head of EMEA investment banking at Goldman Sachs, discusses the impact of the war in Iran on markets and M&A deals, saying clients "remain quiet forward leaning," while the majority of them "expects to do more this year than last year in M&A." Kelleners also discusses the pipeline of potential initial public offerings in Europe this year. "The pipeline for IPOs in Europe remains strong and remains robust." (Source: Bloomberg)

Glass House Analysis

This development in the banking sector reflects broader tensions between regulatory pressure and financial industry practices. The banking system serves as the circulatory system of the economy; any disruption ripples through to small businesses, homebuyers, and everyday consumers who depend on credit access.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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