The best summer for European stock market listings since before the financial crisis means the region's equity bankers have now worked on deals worth more than all of those in 2016.

By the end of August, the combined value of initial public offerings, share sales and convertible issuances across Europe hit $165bn, according to analysis of data from Dealogic. That compares to $163bn in all of 2016, a year in which the UK's vote to leave the European Union weighed on companies' plans to raise new equity.