RBS Studies Korean Effort

The Royal Bank of Scotland is looking at the potential of an onshore Korean derivatives operation and recently shunted B.C. Kang, head of the Korean coverage desk in Hong Kong, to Seoul to establish a representative office.

  • 04 Mar 2005
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The Royal Bank of Scotland is looking at the potential of an onshore Korean derivatives operation and recently shunted B.C. Kang, head of the Korean coverage desk in Hong Kong, to Seoul to establish a representative office. "We will shortly begin a feasibility study," said Kang, noting the firm could open an onshore banking branch which could allow it access to the growing local derivatives market.

If the study shows demand for the operation, it would then seek managerial and regulatory approval. The bank could kick-start a trading operation by early next year if there was demand.

The move fits with RBS aggressive expansion into the Asian markets in the last few years. Last year it established a regional credit structuring desk (DW, 7/28/03) and earlier this year announced plans to bulk up its equity derivatives presence (DW, 1/28).

  • 04 Mar 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 414,341.60 1584 9.05%
2 JPMorgan 376,530.42 1722 8.23%
3 Bank of America Merrill Lynch 357,892.56 1291 7.82%
4 Goldman Sachs 265,958.80 913 5.81%
5 Barclays 263,382.44 1050 5.75%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 44,979.63 190 6.73%
2 Deutsche Bank 37,019.66 134 5.54%
3 BNP Paribas 35,303.69 205 5.28%
4 JPMorgan 33,752.71 110 5.05%
5 Bank of America Merrill Lynch 32,865.23 106 4.91%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 22,398.41 104 8.72%
2 Morgan Stanley 18,608.72 99 7.25%
3 Citi 17,768.49 110 6.92%
4 UBS 17,372.80 70 6.77%
5 Goldman Sachs 17,228.66 97 6.71%