Equity Capital Markets
The equity capital markets held steady this week with $221 million raised from 11 issues, pushing year-to-date volume to $16.2 billion -- down 61% from $33.7 billion in the same period last year.
The top 10 banks in the league table remain unchanged. UBS leads the rankings with $2.9 billion, followed by Morgan Stanley with $2.5 billion and Bank of America-Merrill Lynch with $2.2 billion.
Want Want China's $96 million fully marketed follow-on was the largest deal of the week and led by Grand Cathay Securities. Korean company SeenTeo's $13 million deal, which was arranged by Woori Finance Holdings, was the only IPO transaction for the week.
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