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Emerging Markets

Opinion: China’s tacit CDS disagreement

The National Association of Financial Market Institutional Investors announced that credit default swaps are being trialled. It appears in contravention of the wishes of China’s banking watchdog, but most likely represents a compromise of the wishes of both agencies.

  • 12 Nov 2010

On November 5 Beijing revealed its latest financial innovation: the first onshore credit default swap trades were being trialled in China.

These potentially explosive tools, blamed by some Western officials for adding fuel to the global credit crunch, were traded between a small number of Chinese and foreign ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Dec 2014
1 HSBC 56,117.76 375 0.00%
2 Citi 53,491.58 262 0.00%
3 JPMorgan 44,775.25 198 0.00%
4 Deutsche Bank 38,011.99 191 0.00%
5 Bank of America Merrill Lynch 31,211.42 161 0.00%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Dec 2014
1 Citi 14,288.41 68 11.21%
2 JPMorgan 12,935.12 42 10.15%
3 HSBC 12,835.97 51 10.07%
4 Bank of America Merrill Lynch 12,403.93 48 9.73%
5 Deutsche Bank 9,517.47 34 7.47%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Dec 2014
1 Citi 16,752.38 67 13.01%
2 JPMorgan 14,548.65 44 11.30%
3 HSBC 11,316.87 51 8.79%
4 Deutsche Bank 10,656.46 43 8.27%
5 Barclays 10,308.11 32 8.00%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Dec 2014
1 Goldman Sachs 456.70 140 8.22%
2 JPMorgan 426.86 121 7.68%
3 Deutsche Bank 350.49 116 6.31%
4 Lazard 337.21 149 6.07%
5 Bank of America Merrill Lynch 336.56 94 6.06%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Dec 2014
1 ING 2,397.83 22 9.80%
2 UniCredit 2,192.69 18 8.96%
3 SG Corporate & Investment Banking 1,756.32 12 7.17%
4 RBS 1,692.14 6 6.91%
5 Citi 1,541.94 14 6.30%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Dec 2014
1 Standard Chartered Bank 4,058.36 45 5.00%
2 Deutsche Bank 3,449.93 51 4.25%
3 HSBC 3,375.26 39 4.16%
4 AXIS Bank 3,089.53 83 3.81%
5 ICICI Bank 2,316.12 60 2.86%