Citigroup angers MLAs by cutting KKB take as banks shun emerging risk

Banks are reining back their appetite for emerging market syndicated loans, a market that until a fortnight ago seemed to have ridden out this summer's credit turbulence unscathed.

  • 31 Aug 2007

Credit committees are warning loan teams to reject all but the best deals and be especially wary of low-paying borrowers.

This new risk aversion gave Kazkommertsbank, the biggest bank in Kazakhstan, a bad-tempered and disorderly end to the syndication of its $600m 370 day loan this week.

In the last ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%