Europe’s IPO Bankers Say the Market Is Finally Turning a Corner

The return of substantial initial public offerings to Europe this autumn shows the market is turning a corner, and bankers say excitement is building for bigger deals.

There were three IPOs in Europe that raised more than $500 million in the third quarter, with two more due to start trading next week. In total, nearly $3 billion was raised from IPOs in the region, up more than 60% from last year.

The trickle of sizable first-time offerings — and plans by several behemoths to consider an IPO next year — is enough to inject optimism into ECM bankers that good ...