First half league table round-up

US banks dominate debt and equity league tables as record breaking first half draws to a close.

Equity Capital Market




After a robust first quarter the market inevitably tapered off in the second period with only $16 8 billion being raised compared with $26 2 billion But the total figure of $43 billion is just $12 billion shy of the $55 7 billion raised in the whole of 2003 Goldman Sachs leads the way at the halfway stage of 2004 with $6 2 billion raised from 19 offerings



This figure was boosted further by the $800 million convertible bond for Formosa Petrochemical priced on June 28



In second place sits Morgan Stanley with a shade above $5 billion from 19 transactions UBS completes the top three with $3 4 billion from 16 deals...

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