News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Banks face off for Facebook float

Goldman Sachs and Morgan Stanley are considered front-runners for top job in handling 2012's trophy IPO

This year has been lacklustre for Wall Street bankers. But next year, there's Facebook Inc.

Up for grabs is the lead investment-banking role in the social-networking site's initial public offering, and long-time rivals Goldman Sachs and Morgan Stanley are considered front-runners, bankers and venture capitalists say.

WSJ Logo