Equity Capital Markets
The equity capital markets raised over $2 billion this week from 21 issues, bringing 2009 year-to-date volume to $27.4 billion -- down 29% from $38.5 billion in the same period last year and the lowest year-to-date level seen since 2005 when $22.9 billion worth of deals was completed.
UBS continues to head the league table ranking with $3.6 billion, followed by Morgan Stanley on $3.5 billion and Goldman Sachs with $2.9 billion.
Credit Suisse moved into the top 10 to sit in sixth place, with $1.3 billion worth of deal credits, on the back of China Resources Land's $555 million accelerated bookbuild. This was the largest issue of the week...