Garg takes positive view on China loan growth

J.P. Morgan’s head of Asian financial equity research, Sunil Garg, believes loan growth will slow down in China, but not to the extent the market thinks. He also believes Chinese banks should have been more acquisitive.

  • 02 Nov 2009
J.P. Morgan’s head of Asian financial equity research Sunil Garg wrote a report back in January stating: ‘China will create the next investment-fuelled credit bubble. Enjoy the ride.’

After Beijing sought to stimulate its economy with a Rmb4 trillion (US$586 billion) capital injection towards the end of last year, ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Apr 2017
1 Citi 23,438.27 103 9.46%
2 JPMorgan 22,204.62 91 8.96%
3 HSBC 21,532.30 124 8.69%
4 Deutsche Bank 14,929.24 54 6.02%
5 Standard Chartered Bank 12,864.13 73 5.19%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2017
1 Citi 6,918.93 20 15.56%
2 JPMorgan 5,704.36 22 12.83%
3 Deutsche Bank 4,053.23 6 9.11%
4 HSBC 3,652.60 8 8.21%
5 Bank of America Merrill Lynch 3,075.46 16 6.91%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • 18 Apr 2017
1 Citi 9,785.59 28 12.39%
2 JPMorgan 9,618.50 32 12.18%
3 HSBC 7,482.11 34 9.47%
4 Deutsche Bank 5,927.57 13 7.50%
5 Standard Chartered Bank 4,524.88 17 5.73%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
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  • 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
  • 25 Apr 2017
1 Bank of America Merrill Lynch 852.82 3 10.11%
2 Credit Suisse 636.94 3 7.55%
3 SG Corporate & Investment Banking 549.51 3 6.51%
4 Raiffeisen Bank International AG 523.88 4 6.21%
5 UniCredit 521.41 4 6.18%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Apr 2017
1 AXIS Bank 3,763.52 58 376,352,368,716.64%
2 Trust Investment Advisors 3,148.33 69 314,832,678,116.11%
3 ICICI Bank 2,317.73 59 231,772,669,858.92%
4 Standard Chartered Bank 1,958.44 18 195,844,216,331.73%
5 HDFC Bank 1,539.98 40 153,998,169,365.69%