Global IPOs Regain Pre-Crisis Levels in July

»Proceeds from the global initial public offerings in July hit a highest record since November 2007 before the financial crisis, according to Thomson Reuters data.

»The $30.4 billion raised on a global basis via IPOs have exceeded the amount raised by follow-on issues for the month for the first time since 2009.

»Including IPOs, follow-ons and convertibles, JP Morgan led the underwriting banks with $35.32 billion in 185 deals. Goldman Sachs was the No.2 position with 128 deals worth $31.03 billion, and Morgan Stanley was No.3, with 143 deals worth $25.49 billion.