ECM bucks second wave fears but discounts could grow

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By Sam Kerr
29 Jun 2020

The European equity capital markets are bucking wider equity market fears over a second wave of coronavirus infections in the US and bankers hope sentiment will hold even if global equity indices become more volatile.

Indices in Europe were flat, or slightly up, on Monday morning after the major US markets fell over 2% on Friday. Europe’s equity bankers are confident that they can do deals this week.

“We expect this week to be active and there are a few situations which could ...

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