Goldman Sachs claws its way into contention for #Saudi Aramco IPO | Financial Times

Goldman Sachs claws its way into contention for Saudi Aramco IPO | Financial Times:

Goldman Sachs has clawed its way into contention for a role in Saudi Aramco’s planned stock market listing, after a months-long charm offensive by top executives, including former Trump administration official Dina Powell, said several people briefed on the matter.

Ms Powell, who left Goldman in 2017 to work at the White House and came back to the Wall Street bank a year later, has leveraged her knowledge of the region and relationships with the kingdom’s highest authorities to seek business for Goldman, said one person close to the Saudi state energy giant.

“She’s a formidable operator,” he said. “She’s doing what she did for Trump, for Goldman . . . she is opening doors to win business.”