Morgan Stanley cements stock exchange lead

Morgan Stanley has cemented its lead as the top underwriter of stock exchange flotations after winning a bookrunning role on the initial public offering of the Tokyo Stock Exchange, which could be valued at up to $3.8bn (€2.8bn).

Nomura and Daiwa are also mandated on the float from Tokyo, the world's second biggest bourse after the New York Stock Exchange.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump