Muddy Waters’ Block shorts StanChart debt

Carson Block, founder of research firm Muddy Waters, is shorting Standard Chartered’s debt due to its exposure to loans linked to China and Indonesia, he told the audience at the SkyBridge Alternatives Conference in Las Vegas on May 10. But while analysts conceded that Standard Chartered’s strong presence in these geographies did expose the bank to higher-risk clients, they have played down Block’s comments.

  • 17 May 2013

Block reportedly said he would short the bank’s five year credit default swaps (CDS) based on his views that its $1bn loan to Bumi chairman Samin Tan and loans to Far East Energy have raised "red flags" on the quality of its lending.

"The issue that Muddy Waters has ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 57,329.73 263 9.71%
2 HSBC 55,690.17 300 9.43%
3 JPMorgan 51,301.18 218 8.69%
4 Deutsche Bank 28,030.86 110 4.75%
5 Standard Chartered Bank 24,459.20 176 4.14%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 17,285.76 49 14.25%
2 JPMorgan 14,568.68 49 12.01%
3 HSBC 14,417.38 33 11.89%
4 Bank of America Merrill Lynch 10,472.96 39 8.63%
5 Santander 9,788.30 38 8.07%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 23,995.47 81 12.77%
2 Citi 22,605.09 78 12.03%
3 HSBC 16,678.68 64 8.88%
4 BNP Paribas 10,065.46 30 5.36%
5 Deutsche Bank 9,721.98 26 5.17%

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 8.33%
2 Bank of America Merrill Lynch 2,624.57 11 8.01%
3 UniCredit 2,390.81 17 7.30%
4 SG Corporate & Investment Banking 2,301.01 20 7.02%
5 Sumitomo Mitsui Financial Group 2,180.06 9 6.65%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 11,489.16 155 22.89%
2 ICICI Bank 5,143.70 131 10.25%
3 Trust Investment Advisors 4,716.76 132 9.40%
4 Standard Chartered Bank 3,661.93 41 7.29%
5 Yes Bank Ltd 2,469.67 59 4.92%