Banks fear return to bad old days of ECM risk as blocks prove tempting
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Equity

Banks fear return to bad old days of ECM risk as blocks prove tempting

Appetite for risk is back with a bang in the primary equity capital markets, but not just among investors. With a stream of big block trades expected to come to market as companies move through what has so far been a mostly pleasing results season, banks are being made to chase deals hard by sellers.

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