The equity capital markets saw a total of $423 million raised from eight issues this week, bringing year-to-date volume to $33.1 billion from 262 deals û down 27% compared to this time last year $45.4 billion from 527 issues. The deal flow is at its lowest year-to-date level since 2003 when 229 issues had been completed by this time.
Citi continues to head the league table rankings with a 10.0% share, followed by Credit Suisse and UBS with market shares of 8.4% and 8.1% respectively.
China Dongxiang GroupÆs $164 million bought deal was the largest issue of the week and led by Morgan Stanley. The US investment bank sits in sixth...
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