ECM bankers thankful for summer lull as stocks sell off
Equity capital markets bankers were glancing at a sea of red across global equities on Monday, but they were grateful that volatility has only flared up during a traditionally quiet period for new issuance.
European markets began the week on a negative note, following losses on Friday as well as falls in US market valuations.As of around 12:30pm on Monday, the FTSE 100 was down over 2% and the CAC 40 had suffered a similar loss. Germany’s DAX and the Euro Stoxx ...
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