The rally in global equity markets over the third quarter failed to boost equity underwriting volumes for the seasonally slow period, as companies around the globe raised $189 billion through IPOs and FPOs for the period.
from Forbes Real Time https://www.forbes.com/sites/greatspeculations/2017/10/04/morgan-stanley-retains-top-spot-in-equity-underwriting-despite-industry-headwinds/
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