Citigroup Inc.

BlackRock, Inc.

Zohran Mamdani, 34, wins the New York City mayoral election: when he takes office on January 1, he will become the city's youngest head of state in a century. Mamdani has risen rapidly on promises to tackle the high cost of living in New York City through new taxes on corporations and high-income earners. New York's elite, including billionaire Bill Ackman, tried to stop Mamdani, but are now preparing for "the new reality of a critic of capitalism running the city," Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-11-05/mamdani-gets-wary-wall-street-s-support-after-nyc-mayoral-election-win">writes.</a>

A 34-year-old Democrat has been elected mayor of New York City. What does Wall Street think about that?

NIQ Global Intelligence

Accelerant Holdings

McGraw Hill, Inc.

Figma, the owner of a service for user interface design, is looking to raise $1 billion on the New York Stock Exchange. Two large IPOs of mature companies with a history - NIQ and McGraw Hill - did not arouse enthusiasm among investors. JPMorgan Chase and Bank of America came under pressure from U.S. parliamentarians over the listing of China's CATL. The main events on the IPO market during the week are in our selection.