• German equities blown off course by economic headwinds

    German equity capital markets are likely to be quiet for the rest of the year amid a worsening outlook for the country’s economy, which has been battered by trade tensions between the US and China and is also highly exposed to the threat that UK may crash out of the EU without a deal in October.

    • 21 Aug 2019
  • Investors focus on defence in uncertain times

    The return of heightened market volatility this summer is leading to investors looking at defensive assets as fund managers consider how to ride out a possible turn in the economic cycle.

    • 21 Aug 2019
  • Morocco's BCME Bank raises $103m to grow in Africa

    BCME Bank, one of the largest banks in Morocco, has raised Dh1bn ($103m) by selling new shares on the Casablanca Stock Exchange.

    • 20 Aug 2019
  • Investors should always prep for the worst in Italian politics

    Italy is a country of fast cars and has some some terrific companies for investors to invest in, but buyers must always keep in mind that political instability is as quintessentially Italian — and unpredictable — as an Alfa Romeo. It doesn't mean they cannot enjoy the ride, however.

    • 20 Aug 2019
  • ECB clears way for vote on Carige’s €900m rescue plan

    The European Central Bank has given Banca Carige the all-clear to try and carry out its latest plans to turn itself around. The ailing Italian lender said on Monday that its next step will be to ask its shareholders for their approval at a meeting next month.

    • 20 Aug 2019
  • Zero-E to test ECM demand for ESG equities

    Equity capital markets investors are becoming increasingly focused on sustainable investments, particularly those linked to renewable energy. The strength of this demand could be tested this autumn, should Spanish renewable energy firm Zero-E choose to list.

    • 19 Aug 2019
  • Convertible bond buyers expect more US tech deals

    With slowing growth in the global economy, and heightened trade tensions between the US and China, the bear case for equities remains very strong as 2019 enters its final stretch. However, there is still a strong bid for convertible bonds, especially deals from the technology sector, according to equity-linked investors.

    • 19 Aug 2019
  • Salvini snaps to send Italian capital markets into a spin

    An impressive rally in Italian risk assets has been completely overturned this week, as Italy descended into political chaos. Some market participants now fear a repeat of last year, when Italian issuers were frozen out of debt and equity markets as the country’s government fought with the European Commission over its annual budget targets. Tyler Davies and Sam Kerr report.

    • 15 Aug 2019
  • US companies pile into converts as economic outlook worsens

    US corporates are turning to convertible bonds to finance themselves while it is still possible to achieve attractive terms, before the economic outlook deteriorates, leading to the best two weeks of issuance volume in 2019.

    • 15 Aug 2019
  • ‘Core Europe' IPOs to offer Brexit dodge

    The EMEA IPO calendar for the rest of the year is set to be filled with companies from continental Europe, as Brexit uncertainty looks set to delay UK listings. But global volatility could yet scupper all plans.

    • 15 Aug 2019
  • Italian banks: it's all political

    Political chaos in Italy disguises the progress made turning around the country’s banking sector.

    • 15 Aug 2019


Recent highlights


Deals in the pipeline

Completed deals

Capital markets data from GlobalCapital


Go to GlobalCapital's Equity data pages for our daily updated EMEA IPO pipeline, as well as revenue and bookrunner league tables for equity capital markets around the world.


Equity people & markets

  • Volcker rule undergoes slimming regime

    The Volcker rule is set to be tweaked, simplified and watered down, changing the section of the US’s Dodd-Frank regulations stopping banks from engaging in proprietary trading. Only banks with more than $20bn of trading assets and liabilities will face the fullest compliance programme, while rules over what is identified as prop trading have been weakened.

    • 21 Aug 2019
  • HSBC plucks Welsh in UK coverage push

    Ed Welsh will join HSBC in November as global head of business services, although his work is expected to be heavily centred around the UK, as the bank ramps up efforts to gain market share among the country’s biggest listed firms.

    • 20 Aug 2019
  • Barclays gives Blackman UK coverage job

    Alastair Blackman, formerly a top media investment banker at Deutsche Bank, will be developing relationships with the heads of UK firms on behalf of Barclays from next month.

    • 20 Aug 2019
  • Brace for more Burford-style rows if QE ramps up

    Burford Capital, the litigation funder, is under pressure over how it accounts for an obscure type of asset and how it finances its business using debt. In many respects it is a unique case, but it is a debacle fuelled by quantitative easing. With more of that on the way, pushing investors into ever more esoteric asset classes in the quest for yield, there will be plenty more businesses under scrutiny.

    • 13 Aug 2019
  • Further shake-up for Deutsche Bank Asia biz

    Deutsche Bank has made more changes to its Asia investment bank, including job cuts and new postings for senior bankers, as it shifts the focus of its business.

    • 13 Aug 2019
  • BAML hires Vos from Barclays for fintech

    Gerardus Vos is joining Bank of America Merrill Lynch as head of financial technology investment banking for Europe, the Middle East and Africa.

    • 12 Aug 2019

more people & markets


equity news archive



Bookrunners of Global ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 38,777.42 235 9.54%
2 Morgan Stanley 36,664.53 235 9.02%
3 JPMorgan 31,302.08 258 7.70%
4 Citi 26,161.66 214 6.44%
5 Bank of America Merrill Lynch 25,348.70 177 6.24%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8,160.55 49 10.08%
2 Morgan Stanley 7,744.92 38 9.57%
3 Goldman Sachs 6,966.15 37 8.61%
4 Citi 5,856.44 44 7.24%
5 UBS 4,823.67 25 5.96%

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 258,439.97 1161 8.49%
2 Citi 234,461.54 980 7.70%
3 Bank of America Merrill Lynch 200,720.52 825 6.59%
4 Barclays 186,521.37 765 6.13%
5 Goldman Sachs 145,264.65 606 4.77%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 31,351.09 133 7.80%
2 Credit Agricole CIB 27,347.56 115 6.80%
3 JPMorgan 23,350.32 62 5.81%
4 Bank of America Merrill Lynch 22,838.09 62 5.68%
5 UniCredit 19,966.03 111 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8,160.55 49 10.08%
2 Morgan Stanley 7,744.92 38 9.57%
3 Goldman Sachs 6,966.15 37 8.61%
4 Citi 5,856.44 44 7.24%
5 UBS 4,823.67 25 5.96%