Credit Suisse Group AG was the top underwriter for U.S. initial public offerings this year for the first time, bolstered by its role in helping large private equity backed companies go public. The Swiss bank generated $4.7 billion in IPO proceeds during 2012 from 41 issues, vaulting it in front of JP Morgan Chase & Co with $4.6 billion, according to Thomson Reuters data.Goldman Sachs Group Inc placed third with $4.5 billion, while the previously top-ranked Morgan Stanley came in fourth.Credit Suisse was ranked eighth last year in the U.S. IPO league tables with $2.8 billion in proceeds."2012 was a challenging year for IPO issuances," said Joe Reece, global head of Credit Suisse's equity capital markets group. "This fact makes it even more critical to be acutely focused on clients."
Credit Suisse Group AG (Credit Suisse) is a global financial services company. Shares of CS remained unchanged at $25.33. In the past year, the shares have traded as low as $16.09 and as high as $29.97. On average, 1892020 shares of CS exchange hands on a given day and today's volume is recorded at 0.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS remained unchanged at $19.27. In the past year, the shares have traded as low as $12.26 and as high as $21.19. On average, 19763900 shares of MS exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $29.38. In the past year, the shares have traded as low as $25.94 and as high as $30.66. On average, 802548 shares of TRI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $29.03. In the past year, the shares have traded as low as $26.47 and as high as $30.25. On average, 926344 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 1258500.
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