Equity Capital Markets
The equity capital markets continued at a similar pace as in recent weeks with $283 million raised from 16 issues. Bank of America - Merrill Lynch remains at the top of the league table ranking with $1.9 billion, followed closely by UBS on $1.8 billion and Morgan Stanley with $1.7 billion.
Real Gold Mining's $133 million IPO was the largest issue of the week and led by Citi and Macquarie Group. Citi sits in fifth place in the ranking with $542 million, while the Australian investment house moved into 10th place with $194 million.
Year-to-date issuance stands at $9.8 billion from 73 issues - down 6% from the $10.4 billion raised...