This ranking lists the top 10 global debt and equity underwriting capital markets firms as of January 05, 2010. The 2009 fourth quarter is ranked the largest three month period for global equity capital markets activity ever recorded. The Global IPO volume totaled a 20% increase over 2008, showing the strongest quarter for new listings since the fourth quarter of 2007. Equity capital market transactions for the full year of 2009 showed a 70% increase over 2008, for a total of US$23.5 billion. JP Morgan led all equity capital markets underwriters for the second year in a row.
Source: Thomson Reuters / Freeman & Co. – January 05, 2010