By Dasha Afanasieva LONDON (Reuters) - Europe was the worst performing region for equity raising proceeds in the third quarter, according to Thomson Reuters data, as a strong performance in Asia failed to undo a global slump in issuance. Global equity capital markets' (ECM) proceeds fell to $543 billion in the first three quarters of the year from $563 billion in the same period of 2017. Asia offerings helped to balance a slump in Europe, where activity was stymied by an absence of the massive bank rights issues seen in 2017.
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Friday, 28 September 2018
Global equity raising slumps, European bankers eye big floats
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