Equity Capital Markets
Equity capital markets issuance continued at an even pace this week, raising $7.8 billion from 23 transactions up 3% compared to last week. Regional issuance in 2009 so far reached $131.7 billion -- up 61% year-on-year -- while deal activity is up 45% at 1,141.
Morgan Stanley and UBS remain at the top two spots in the league table rankings with $11.6 billion and $11.4 billion respectively. J.P. Morgan jumps up a position and overtakes Goldman Sachs to sit in third place with $10.4 billion.
China Minsheng Banking Corp's $3.9 billion follow-on was the largest deal of the week. Bank of China, China International Capital Corp, Haitong Securities, Macquarie Group and UBS...