RMB Roundup – March 7

In this round up of recent offshore renminbi news, offshore RMB clearing banks offer term deposits, liquidity in Hong Kong rose for the fourth month in a row and ICBC’s president discusses his London ambitions.

  • 07 Mar 2013
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· Bank of China (Hong Kong) and Bank of China (Taipei), the offshore renminbi clearing banks in Hong Kong and Taiwan respectively, began offering term deposits for participating banks from March 1. Bank of China (Hong Kong) also raised the overnight deposit rate from 0.629% to 0.648%.


Source: ANZ, Thomson Reuters

· Hong Kong Monetary Authority said offshore renminbi deposits grew 3.5% month on month in January to reach Rmb624 billion (US$xx), the second highest level since it started reporting the figures in October 2010. In addition, renminbi cross-border trade settlement grew to Rmb268 billion from Rmb264 billion a month earlier.

· Standard Chartered grew its offshore renminbi (CNH) deposit base by 46% year-on-year (y-o-y), increasing its market share to 11% for the year ending December 31, 2012, according to Barclays analysts. It also had a CNH loan-to-deposit ratio of around 80% while CNH income rose by 30% y-o-y.

· Yang Kaisheng, president of ICBC said the bank trying to become the offshore renminbi clearing bank for London, according to Reuters.

  • 07 Mar 2013

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 50,853.38 238 9.90%
2 HSBC 48,047.54 277 9.35%
3 JPMorgan 43,868.08 200 8.54%
4 Deutsche Bank 25,498.22 104 4.96%
5 Standard Chartered Bank 23,239.35 165 4.52%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 16,203.89 42 15.38%
2 HSBC 13,628.00 31 12.94%
3 JPMorgan 13,340.17 45 12.66%
4 Bank of America Merrill Lynch 9,682.00 34 9.19%
5 Santander 7,864.84 32 7.47%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 18,659.72 68 12.48%
2 JPMorgan 18,507.77 74 12.38%
3 HSBC 11,226.91 57 7.51%
4 BNP Paribas 9,609.48 28 6.43%
5 Deutsche Bank 9,255.29 24 6.19%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 ING 2,729.06 23 8.82%
2 SG Corporate & Investment Banking 2,301.01 20 7.44%
3 Sumitomo Mitsui Financial Group 2,180.06 9 7.05%
4 UniCredit 2,041.07 15 6.60%
5 Commerzbank Group 1,584.45 16 5.12%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 11,139.29 148 23.26%
2 ICICI Bank 4,898.64 125 10.23%
3 Trust Investment Advisors 4,526.64 125 9.45%
4 Standard Chartered Bank 3,424.15 36 7.15%
5 HDFC Bank 2,371.23 65 4.95%