Equity Capital Markets
The equity markets kept at a steady pace with $2.2 billion in issuance from 12 deals. Merrill Lynch continues to dominate the league table rankings with over $3.6 billion from 19 deals and is followed by JPMorgan and UBS.
Bank of Communications' $1.9 billion IPO was the biggest issue to hit the market this week and was bookrun by Goldman Sachs and HSBC. The deal pushed Goldman Sachs up to sixth position in the league tables, up from eighth place last week.
The IPO allowed HSBC to re-enter the top ten in the league tables, taking the ninth spot with over $1 billion from five deals. Calyon also squeezed...