In a quiet week for ECM bankers just 15 offerings were completed for less than $900m. Merrill Lynch continues to heads the Asia ex Japan ECM table after it acted as a joint bookrunner on the $328 million equivalent follow on for Thai Airways International. This pushed its total for the year up over the $3.8 billion mark from 16 transactions.
Citigroup was absent from the market this week so this extended Merrill's lead to some $387 million. The Thai Airways offering also helped JP Morgan to leapfrog above UBS into fourth spot with $2.9 billion from 17 deals. Aside from this there was no other movement in the top ten as...
