First Bank of Nigeria, Nigeria's largest bank by asset size ($21.3bn), has acquired Switzerland's International Commercial Bank's west African operations, which include ICB Ghana, ICB Sierra Leone, ICB Guinea and ICB Gambia.Bank of America Merrill Lynch currently leads the ranking of underwriters of US-listed initial public offerings (IPOs) with a 12.2% market share, an increase of 2.1 market share points. Goldman Sachs and JPMorgan come in second and third positions.
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