UBS was the biggest climber in a week where 35 deals were issued for a shade over $2.5 billion. The European house ran joint books on the largest deal of the week - the $387.5 million equivalent IPO for PT Bank Rakyat Indonesia Persero. This, along with the sole managed $160 million follow on for New World Development in Hong Kong, enabled it to leap frog Goldman Sachs and JP Morgan and move into third.
Goldman Sachs was also active, pushing its credit up to $2.77 billion after running the books on a $230 million placement for Li Fung.
Citigroup remains top of the tree for the third successive week after...