As the year draws to a close, equity capital markets activity continued strongly this week with a total of $3.9 billion raised from 31 issues. Goldman Sachs remains at the top of the rankings with $17.3 billion while UBS clawed back up to the second spot on $17.0 billion, nudging Morgan Stanley down to third with $16.5 billion.
UBS moved up the rankings on the back of a handful of deals including BYD Electronics InternationalÆs $756 million IPO, the largest issue of the week a $539 million IPO for China National Materials led with Bank of China and China Shipping Container LinesÆ $194 million bought deal run on a sole...
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