'All guns blazing' as global ECM powers past $500bn

Renewed investor confidence in the eurozone has helped global equity markets beat a pre-crisis record for issuance

Global equity issuance has raced past the $500 billion mark for the calendar year in record time, with resurgent markets in Europe leading the charge.

"Europe was for many years not investable - people were reluctant to invest because of concern the eurozone would break apart," said Christoph Stanger, co-head of Europe, Middle East and Africa equity capital markets at Goldman Sachs.

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