Uncertainties Plague Underwriting's 3Q

October 2004
Investment Dealers' Digest;10/11/2004, Vol. 70 Issue 39, p42
Trade Publication
The article presents information on the status of growth and development of industrial sector in the U.S. taking into consideration uncertainties. All those uncertainties that have been building all year rising rates, oil prices, the war in Iraq, terrorism threats and the presidential elections came home to roost in the third quarter underwriting league tables. In equities, meanwhile, after a strong start to the year, underwriting in U.S. equity and equity linked products fell 23% in the third quarter to $38 billion.


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