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Emerging Markets

Opinion: Morgan Stanley's CICC exit is years too late

The US investment bank looks set to finally part ways with CICC, in which is has held an investment for 15 years. While it could raise US$1 billion from selling the stake Morgan Stanley's influence in the mainland's capital market has been set back five years, writes Chris Wright.

  • 02 Dec 2010

The odd story of Morgan Stanley’s involvement in China International Capital Corp. (CICC) is approaching its final chapter.

Following Monday’s (November 29) confirmation by the China Securities Regulatory Commission that it had approved Morgan Stanley’s plan to sell out of the domestic investment bank, the US house will ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Jun 2015
1 HSBC 24,568.18 148 10.46%
2 Citi 22,974.87 116 9.79%
3 JPMorgan 17,501.47 78 7.45%
4 Deutsche Bank 16,118.47 87 6.87%
5 Morgan Stanley 14,151.38 61 6.03%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Jun 2015
1 Morgan Stanley 6,468.86 16 12.45%
2 Citi 6,194.46 24 11.92%
3 Bank of America Merrill Lynch 5,977.72 22 11.50%
4 HSBC 5,616.35 16 10.81%
5 Deutsche Bank 5,394.16 16 10.38%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Jun 2015
1 Citi 5,527.25 30 11.45%
2 HSBC 4,238.36 24 8.78%
3 JPMorgan 3,826.40 15 7.93%
4 SG Corporate & Investment Banking 3,308.83 14 6.86%
5 BNP Paribas 2,850.41 14 5.91%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 274.16 82 10.39%
2 JPMorgan 237.22 73 8.99%
3 Lazard 172.69 77 6.55%
4 Citi 169.41 53 6.42%
5 Deutsche Bank 150.91 51 5.72%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Jun 2015
1 Mitsubishi UFJ Financial Group 791.69 3 10.45%
2 Bank of America Merrill Lynch 756.72 4 9.98%
3 ING 622.38 6 8.21%
4 SG Corporate & Investment Banking 608.35 6 8.03%
5 UniCredit 591.37 7 7.80%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jun 2015
1 AXIS Bank 2,901.62 76 14.37%
2 Standard Chartered Bank 2,000.11 29 9.91%
3 Trust Investment Advisors 1,997.19 68 9.89%
4 ICICI Bank 1,622.73 41 8.04%
5 Barclays 1,561.88 23 7.74%