Strong secondary offering activity outpaced a weak IPO market
Debt issuance surges as the economy crumbles
Deal activity dropped in April and May, but started to rebound in June
Global debt markets set records, while equities were down as volatility erupted
A strong start in January quickly evaporated
Financial sector drove the increase in issuance activity
Both debt and equity underwriting activity advanced
JP Morgan tops global rankings, while RBC was the top Canadian firm
Global debt enjoyed a record year, but IPOs were weaker
Debt underwriting was strong across the board in Q3, but revenues from other business lines varied