Stress test capital raising leads to league table shake up

JP Morgan is set to leap to the top of the US equity capital markets league tables after leading a $6bn (€4.5bn) share sale from Wells Fargo as analysts predict a rush of stress-test related new issues to capture available supply at relatively attractive pricing.

Yesterday San Francisco-based Wells Fargo said in a statement it was launching an equity offering led by JP Morgan and Wachovia Securities as joint bookrunning managers.

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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