Equity Capital Markets
The first week of March saw a total of $2.5 billion raised from the equity capital markets, bringing year-to-date volume to $28.2 billion from 247 issues -- almost three times the amount raised in the same period last year.
Haitong Securities continues to top the league table ranking on $2.4 billion, with UBS narrowing the gap on $2.1 billion and Bank of China rounding out the top three at $2.0 billion.
The largest issue of the week was Vedanta Resources' $805 million convertible via bookrunners Goldman Sachs, J.P. Morgan, Morgan Stanley and UBS. J.P. Morgan moved up a notch in the ranking to seventh place with $927 million on...