Citigroup continued its rise in the ECM tables this week, reaching the number one spot after joining forces with UBS to run the $813 million follow on for China Steel Corp. This deal alongside a $534 million equivalent IPO for Astro in Malaysia help push UBS up one slot to fourth. Morgan Stanley continues to slide further downwards as more houses are running stock deals, leaving the convert focused bank currently struggling to maintain its position.
Debt Capital Markets
Morgan Stanley rocketed back into the top ten following a bumper week of issuance for the US house. The bank was a bookrunner for the two largest transactions of the week - a...