League Table Round Up May 21

Change at the top in equity capital markets as the debt capital market drought stretches on.

Equity Capital Markets

Despite just nine deals being priced last week a total of $2.2 billion was raised. The largest deal of the week was the $1.7 billion offering for China Telecom Corp run by Morgan Stanley, CICC and UBS. The credit from the transaction helped Morgan Stanley to displace long time leader Goldman Sachs at the top of the table.

UBS was also able to move up into third, pushing Merrill Lynch out of the top three. Credit...

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