Credit Suisse has overtaken UBS at the top of the Brazilian equity capital markets league table after leading four deals this week, including the largest-ever Latin American initial public offering.

Five Brazilian initial public offerings have priced so far this week raising a total $4.7bn (€3.3bn), far exceeding the previous weekly high of $3.1bn raised in the week of July 23, according to Dealogic, the investment banking research provider.