Europe

US lapping up European IPOs

Mario Draghi's 'whatever it takes' promise to save the euro has lifted demand from investors for initial public offerings across Europe including the UK. Alasdair Warren, head of European equity capital markets at Goldman Sachs, explains to capital markets correspondent Michael Stothard how the easing of volatility and uncertainty related to the eurozone crisis as well as the gradual rotation from bonds into equities bode well for the IPO market.