Global bourses going all out to attract big-name foreign IPOs

New York

THESE days, it's not enough to be the symbol of American capitalism.

The New York Stock Exchange is going global - and in a big way. In a trend that has swept stock markets around the world, exchanges like the Big Board are stepping up efforts to attract more foreign companies looking to go public. In just two years, the number of cross-border IPOs on the biggest venues has more than doubled, according to data compiled by Bloomberg.