Equity Capital Markets
Issuance of $1.3 billion 18 deals in the equity capital markets this week followed the record $3.8 billion raised last week. Regional activity reached $43.4 billion in the first half of 2009 -- down 8% year-on-year but 3.5 times the $12.4 billion raised in the second half of 2008. And the volume of $29.4 billion achieved in the second quarter of 2009 alone was the highest quarterly level achieved since the fourth quarter of 2007 $58.0 billion.
Goldman Sachs capped off the first half of 2009 at the top of the league table ranking with $5.3 billion, but there was only $31 million separating Morgan Stanley $4.83 billion and UBS $4.80...