The equity capital markets had a bumper week on the back of China Merchants BankÆs follow-on with $3.5 billion raised from 17 issues and pushing year-to-date volume over the $68 billion mark. Goldman Sachs and UBS continue to sit in first and second place while JPMorgan ousted Citigroup from third place in the league table rankings.
China International Capital Corp, JPMorgan and UBS ran the books for China Merchants BankÆs $2.4 billion fully marketed deal. JPMorgan also led a $31 million accelerated bookbuild for SingaporeÆs Ascott Residence Trust.
Deutsche Bank climbed up a notch to sixth place in the rankings with $3.5 billion from 31 issues. The German house...