French surge helps home banks’ charge in equity-linked

By Andrew Griffin
21 Aug 2014

It has been the busiest period year so far for equity-linked issuance since 2009 but many of the market’s biggest players have been muscled out because of the unusual geographic skew of the deals.

Equity linked deal flow in Europe is up from $16.7bn last year to $19.3bn this year — but many bankers are worried that their franchises are slipping behind because of a move in the way that mandates are distributed.

JP Morgan, which has placed in the top five in ...

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