Klarna Adds a Dozen Banks to US IPO Roster as Listing Nears.

Klarna Group Plc has added around 12 banks to its US initial public offering, with Bank of America Corp., Barclays Plc, Citigroup Inc., and Deutsche Bank AG as joint bookrunners. Goldman Sachs Group Inc., JPMorgan Chase & Co., and Morgan Stanley are leading the New York listing, expected in the first half of 2025. Klarna is nearing profitability, with analysts valuing the company at about $14.6 billion, potentially setting the stage for other fintech groups to go public. [Extracted from the article]