First half league table round-up

US banks dominate debt and equity league tables as record breaking first half draws to a close.

Equity Capital Market

After a robust first quarter the market inevitably tapered off in the second period with only $16.8 billion being raised compared with $26.2 billion. But the total figure of $43 billion is just $12 billion shy of the $55.7 billion raised in the whole of 2003. Goldman Sachs leads the way at the halfway stage of 2004 with $6.2 billion raised from 19 offerings.

This figure was boosted further by the $800 million convertible bond for Formosa...

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