Equity Capital Markets
The equity capital markets raised a total of $4.7 billion from 20 issues this week -- of which IPO volume accounted for 63% of deal value. China International Capital Corp maintains its place at the top of the league table ranking with $7.6 billion, followed by Morgan Stanley on $7.1 billion and J.P. Morgan with $6.5 billion.
Morgan Stanley moved up a notch in the ranking and narrowed CICC's lead, having been involved in three out of the top five deals this week. The US house led Adani Power's $733 million IPO with Bank of America Merrill Lynch, Enam Financial Consultants, ICICI Bank, IDFC, JM Financial, Kotak Mahindra Finance and...