Goldman, Citi Said to Lead Pack for Saudi Aramco IPO

The transcript discusses the potential $2 trillion IPO of Saudi Aramco, highlighting its significance as a major economic event. Investment banks are eager to participate due to the substantial fees involved. The discussion includes the selection of advisors, with Moelis chosen over Goldman Sachs, and the implications for global capital markets. The location of the IPO, whether in Saudi Arabia, London, or New York, is also a key consideration.

Discuss the significance of the advisors mentioned in relation to the IPO.

What factors are influencing the location of the IPO as discussed in the text?