• Deripaska’s VTB sanctions buster plan ‘difficult’ for OFAC, says former chief

    The US Office of Foreign Asset Control (OFAC) has an unprecedented decision to make on whether to accept a reported offer from EN+ owner Oleg Deripaska to sell shares in the company to VTB Bank. The aim of the deal is to reduce the oligarch’s majority stake in the aluminium conglomerate, which, it is hoped, will result in sanctions against it being removed.

    • 16 Aug 2018
  • SA firm Sabvest gets liquidity boost after share sale

    Sabvest, the South African investment holding company, has substantially boosted its liquidity after two investment vehicles sold out of the stock.

    • 03:15 PM
  • Ringfences at the ready as UK banks reassure on reforms

    The large British banks have just completed one of the most complex structural reforms they’ve ever undertaken, severing their UK retail businesses from their wholesale operations to meet ringfence regulations. The sheer disruption of the changes has led competitors to scent blood, while the UK banks have been anxious to reassure their clients that nothing will change.

    • 16 Aug 2018
  • Privatisation doubts send Tesla CBs down

    Elon Musk’s shock announcement on Twitter last week that he had secured funding to take Tesla private at $420 a share rocked US financial markets and send its shares and bonds rallying. Yet one week on questions are being asked about Musk’s “funding secured” claim most notably from the SEC.

    • 16 Aug 2018
  • Disappointing year for French IPOs as volume falls 75%

    Bankers working within France’s equity capital markets are resigned to the fact that 2018 is going to be a very poor vintage for French IPOs, with volumes down significantly versus last year, a string of failed deals and supply unlikely to pick up in the second half.

    • 16 Aug 2018
  • Brexit taking its toll as fund managers pull away from UK

    Global investor confidence in UK equities has tumbled so far in August, according to the latest fund manager survey from Bank of America Merrill Lynch, marking the largest monthly drop in sentiment towards the UK since the Brexit referendum.

    • 15 Aug 2018
  • Senvion places €62.5m of new equity after first half earnings

    Senvion, the German maker of wind turbines, has raised €62.5m of fresh capital to fund its expansion in new markets such as India, where the Indian government has announced plans to build 30,000 mega watts of offshore wind capacity by 2030.

    • 15 Aug 2018
  • Turkey exposes European stocks but contagion unlikely

    The market chaos caused by investor panic over Turkey hit the shares of European companies this week, but the risk of a systemic crisis is low, said analysts.

    • 14 Aug 2018
  • Erdogan’s Turkey a warning for Brexit Britain

    Markets don’t like governments engaging in unnecessary economic self-harm, and after numerous warnings and cautions on its unsustainable economic policies, investors are now abandoning Turkey —Brexit Britain should beware.

    • 14 Aug 2018
  • Drayson's Sensyne Health trades up 8.6% after IPO on AIM

    Sensyne Health, the UK healthcare artificial intelligence company, has traded up nicely after the company priced its IPO on London’s alternative investment market (AIM).

    • 02:00 PM
  • Markets lose faith in Turkey amid crisis

    Equity and debt markets are preparing for a full blown crisis in Turkey and even though its currency pulled back from its early-week lows, investors are worrying about debt defaults.

    • 13 Aug 2018
  • Top government advisor predicts financial market 'attack' on Italy

    Giancarlo Giorgetti, undersecretary to the Italian prime minister, has said that he expects the country to suffer an “attack” in the financial markets by the end of the month.

    • 13 Aug 2018
  • Tesla investors caught up in buy-out maelstrom

    Elon Musk’s sensational claim to have funding in place to take Tesla private stunned the US capital markets this week, but the lack of substantive detail to the plan has largely reversed an initial rally in the firm’s equity and debt instruments, as well as reportedly drawing the attention of the Securities Exchange Commission. Aidan Gregory and David Bell report.

    • 09 Aug 2018
  • Glenveagh Properties finalises €213m placing

    Glenveagh Properties, the Irish housing developer owned by Oaktree Capital, has concluded the final leg of its €213m placing, conditional placing and open offer, which it originally announced in July to finance the acquisition of more land in Ireland.

    • 10 Aug 2018
  • Elon Musk and the Trumpification of investor relations

    Elon Musk likes causing a stir on Twitter. Last year he announced his plans to avoid traffic in Los Angeles by digging large tunnels between his home and his office on the site. But the CEO might have dug an ever deeper hole for himself this week by tweeting that he was seeking to privatise Tesla at $420 a share with funding secured.

    • 09 Aug 2018


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

  • People and markets news in brief: August 16, 2018

    Deutsche Bank taps Ngan for ECM — Citi names first BRI head — Li emerges at Citic — Morgan Stanley promotes in SEA — Nomura hires for Korea DCM

    • 16 Aug 2018
  • BAML hires Renard in ECM revamp

    Bank of America Merrill Lynch has made sweeping changes to its European equity capital markets franchise and has hired Credit Suisse’s Jerome Renard for a new position of head of EU ECM.

    • 10 Aug 2018
  • UniCredit grilled over Yapi as Turkey crisis deepens

    UniCredit’s senior management team had to fend off a barrage of questions about the bank’s exposure to Turkish bank Yapi Kredi this week, as yields spiked on Turkish local currency debt and the lira slid further against the dollar. UniCredit’s equity stake is accounted at €2.5bn, but worth less than €1.2bn in today’s market.

    • 09 Aug 2018
  • ABN unveils cuts to CIB business to boost returns

    ABN Amro said on Wednesday that it would cut staff and risk-weighted assets from its corporate and investment banking business, aiming to push return on equity at the unit from 5.8% in the first half of this year to above the bank’s 10% target.

    • 09 Aug 2018
  • Barclays hires senior structurer from Goldman

    Barclays has hired Dean Galligan from Goldman Sachs as head of cross asset structuring solutions.

    • 08 Aug 2018
  • RBS’ first dividend since the crisis opens path for more UK selldowns

    Shares in RBS rose 3.5% on Friday morning after the UK bank unveiled its first dividend since it was rescued during the financial crisis, paving the way for more share sales by the UK government once the lockup from the last trade comes off in September.

    • 03 Aug 2018

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 48,246.99 256 9.58%
2 Morgan Stanley 42,789.17 267 8.49%
3 JPMorgan 36,763.39 268 7.30%
4 Citi 34,149.28 233 6.78%
5 Bank of America Merrill Lynch 28,589.21 173 5.68%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 10,167.68 46 8.81%
2 JPMorgan 9,894.90 42 8.58%
3 Citi 8,202.25 45 7.11%
4 UBS 6,098.17 23 5.29%
5 Credit Suisse 5,236.02 28 4.54%

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 241,652.19 924 8.19%
2 JPMorgan 223,721.63 996 7.58%
3 Bank of America Merrill Lynch 216,064.78 722 7.32%
4 Barclays 184,894.55 671 6.27%
5 Goldman Sachs 158,954.58 518 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 32,522.19 61 6.56%
2 BNP Paribas 32,284.10 130 6.51%
3 UniCredit 26,992.47 123 5.44%
4 SG Corporate & Investment Banking 26,569.73 97 5.36%
5 Credit Agricole CIB 23,807.36 111 4.80%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 10,167.68 46 8.81%
2 JPMorgan 9,894.90 42 8.58%
3 Citi 8,202.25 45 7.11%
4 UBS 6,098.17 23 5.29%
5 Credit Suisse 5,236.02 28 4.54%