Key facts
- Global IPO proceeds more than doubled in Q3 2026 to over US$95 billion.
- Year-to-date IPO proceeds reached US$290 billion.
- AI and AI infrastructure companies were key drivers of capital raising.
European banks' wealth management arms are looking to leverage a strong global initial public offering (IPO) market to drive growth. The third quarter of 2026 saw a significant surge in IPO activity, with global proceeds more than doubling year-on-year to over US$95 billion. This increase was fueled by investor appetite for technology, biotech, consumer companies, and particularly those connected to AI and its infrastructure, as businesses sought capital for expansion. The EMEIA region led in deal count, while the Americas saw a rise in proceeds driven by larger transactions. European IPOs also showed increased numbers and proceeds compared to the previous year, supported by stable market conditions and a focus on strategic sectors like defence and energy.