Banks hope for more ‘miraculous’ blocks before year-end

By Sam Kerr
19 Nov 2019

Equity capital markets bankers are hoping to be busy with more accelerated trades over the next week and a half until the US Thanksgiving holiday on November 28, traditionally the beginning of the end of the ECM issuance year.

The European blocks market has had a sensational month with well over €13bn issued in the last week of October and first two weeks of November, according to Dealogic.

The S&P 500 is up around 3% for the month and has recently been trading at a record high, ...

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