Citi’s UK Head Sees Chance for London Listings on US Trade Chaos

Citigroup Inc.’s clients are showing less interest in listing on the US stock markets right now, presenting “an opportunity for the UK,” according to the bank’s country head Tiina Lee.

After several months of economic turmoil, some companies are delaying investment decisions until next year and there’s “a desire to maybe stay a little closer to home” with initial public offerings, Lee said in an interview with Bloomberg TV.

Several IPOs were delayed in the wake of US tariffs announced in April, interrupting a stream of European companies heading to America’s more active equity markets. Indivior and Arm Holdings ...