Equity Capital Markets
Just under $500 million was issued in the equity capital markets this week, some way under the weekly average of $730 million so far this year. JPMorgan relinquished top spot after not adding to its total.
UBS took over as number one, rising up from third after acting as sole books on the largest deal of the week, the $263 million accelerated bookbuild deal for Hannstar Display Corp. Additionally it joined forces with Citigroup on the $124 million A-REIT transaction.
This left Citigroup eighth in the table with $323 million from four offerings. No other banks in the top ten participated in any deals this week leaving JPMorgan...
