Business As IPO flood recedes, Asia bankers bet on follow-on capital raising Updated : March 29, 2019 12:32 PM IST Fees from equity capital market (ECM) deals have reached $966 million so far, bankers' worst quarterly haul in six years. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.