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Global equity market deals top US$500b

But bankers' fees fall as secondary share sales dominate activity
Wednesday, July 1, 2015 - 05:50

London

MONEY raised in global equity capital markets (ECM) rose in the first half of the year to top US$500 billion, but bankers' fees fell as secondary share sales supplanted lucrative stockmarket listings as the dominant deals.

The rise in secondary sales was partly down to