FP Dealmakers: Bay Street looking for a rebound after 'year of blandness' via financialpost
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Equity issuance in particular struggled. The total deal count slumped about 50 per cent to 432 transactions and the value of those deals tumbled roughly 65 per cent to $20.54 billion. “That took a while to work its way through,” Miller said. “It wasn’t months, it was well over a year. And so, for many of my colleagues here who are young, they didn’t experience that. So, to them, it’s a very new experience. And as a leader of a group, it’s me holding hands and telling people that this too, will pass.”Article content
This was largely fuelled by Canadian banks, which rushed to raise funds internationally in the first half of the year.
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