Cleary Gottlieb Steen & Hamilton has stormed to the top of European equity capital markets tables according to rankings published today.

The US firm has topped the table advising issuers on equity capital markets, advising on eight deals worth $22.7bn (£11.9), ahead of Freshfields Bruckhaus Deringer in second place advising on 29 deals worth $17.24bn (£9bn), according to the latest Thomson Financial league tables.