In a week when British oil and gas firm Fairfield Energy was forced to pull its flotation plans and analysts questioned the proposed initial public offering of online retailer Ocado, Morgan Stanley is our investment bank of the week for its part in helping German media group Stroer Out-of-Home Media come to market without a hiccup.

Stroer Out-of-Home Media successfully raised €275m ($357m) on Wednesday after pricing the offer at €20 at share, right in the middle of its target range of €17 to €24. According to a company statement, the offer was "oversubscribed several times" - no mean feat in current volatile markets.