Photo finish for overall EM league table, but Deutsche and BAML are big winners
Deutsche Bank is top of the overall Emerging Market league table going into the last full working week of 2013. The bank only edged past last year’s winner HSBC in late December and leads by the narrowest of margins. Bank of America Merrill Lynch is the other big winner this year, rising three places higher to finish in the top five, although BNP Paribas also climbed up the table.
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