Capital Markets Activity From US Banks Plummets In June
The overall total value of capital markets issuance from U.S. banks plummeted in June despite month-over-month increases from subordinated debt offerings along with preferred and common equity. Q2 2022 hedge fund letters, conferences and more Key highlights from the analysis include: June marked the seventh straight month in which senior debt generated the highest total value, and it was followed by subordinated debt offerings at $1.38 billion, marking the first month since August 2021 that the total cleared the $1 billion threshold.Preferred equity and common equity capital raises saw drastic...