Equity Capital Market
With the end of the third quarter just a couple of weeks away Goldman Sachs still stands head and shoulders above everyone atop the equity capital markets table. The US house has $7.5 billion credit from 22 offerings - $1.4 billion than nearest rival Morgan Stanley with $6.1 billion.
In a slow week Morgan Stanley was only able to pull back a $42 million on the leader. This came from the $125 million convertible for Commerce Asset Holdings, which was jointly run by CIMB, JPMorgan and Morgan Stanley.
A handful of small deals were completed, with Merrill Lynch running the books on a $50 million convertible for Sterling Biotech. This...