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Emerging Markets

Taiwan rule change could encourage ADR issuance

The island's financial regulator has quietly opened the way to let local companies issue depository receipts into the US. At the same time it has also allowed a wider array of investors to invest in the equity-linked products.

  • 18 Nov 2010

The decision by Taiwan’s financial watchdog to let local companies print level 1 American depository receipts (ADRs) for the first time could lead to several local companies issuing equity to US investors.

In October the Financial Supervisory Commission (FSC) quietly changed its approach to the instruments to allow Taiwanese companies ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Jul 2014
1 HSBC 35,542.96 222 10.57%
2 Citi 35,316.03 165 10.50%
3 JPMorgan 30,419.41 125 9.04%
4 Deutsche Bank 26,015.55 128 7.73%
5 Bank of America Merrill Lynch 16,493.37 94 4.90%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Jul 2014
1 HSBC 10,178.54 33 0.00%
2 Citi 7,910.28 35 0.00%
3 JPMorgan 7,507.26 26 0.00%
4 Deutsche Bank 7,097.62 27 0.00%
5 Credit Suisse 7,007.32 22 0.00%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Jul 2014
1 Citi 11,203.42 40 12.65%
2 JPMorgan 10,877.22 29 12.29%
3 Barclays 7,273.50 20 8.22%
4 HSBC 7,254.92 30 8.19%
5 Deutsche Bank 7,185.12 27 8.12%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Jul 2014
1 Goldman Sachs 247.91 80 8.91%
2 JPMorgan 237.63 79 8.55%
3 Lazard 167.77 99 6.03%
4 Bank of America Merrill Lynch 167.00 61 6.01%
5 Deutsche Bank 159.30 64 5.73%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Jul 2014
1 Deutsche Bank 1,077.99 6 0.00%
2 ING 1,017.60 11 0.00%
3 RBS 940.38 3 0.00%
4 SG Corporate & Investment Banking 847.35 8 0.00%
5 UniCredit 770.52 7 0.00%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jul 2014
1 Standard Chartered Bank 2,730.51 20 12.25%
2 AXIS Bank 1,908.65 49 8.56%
3 Deutsche Bank 1,674.30 22 7.51%
4 HSBC 1,507.81 13 6.76%
5 BNP Paribas 1,333.76 8 5.98%
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