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Deutsche takes knife to equities business with Asia hit

Deutsche Bank’s plan to exit its equities sales and trading businesses globally as part of a far-reaching overhaul of its operations has led to many departures in Asia.

  • By Jonathan Breen, Rashmi Kumar
  • 08 Jul 2019

The German firm announced the “radical” transformation on Sunday, as it aims to cut total costs by a quarter by 2022 and trim its investment banking operations dramatically.

Among the changes include culling Deutsche’s equities sales and trading business, reduce the amount of capital used by the ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
Excludes PPs. Click for full table
1 Bank of China (BOC) 18.86
2 Industrial and Commercial Bank of China (ICBC) 14.39
3 China Merchants Bank Co 14.21
4 China Merchants Securities Co 8.85
5 Agricultural Bank of China (ABC) 5.90

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $bn No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 China International Capital Corp Ltd 4.57 23 12.79%
2 China Securities Co Ltd 3.53 7 9.87%
3 Morgan Stanley 3.39 11 9.47%
4 CITIC Securities 3.29 11 9.21%
5 Goldman Sachs 1.71 13 4.78%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $bn No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
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1 Citi 6.90 37 7.97%
2 HSBC 5.80 49 6.69%
3 UBS 4.41 27 5.09%
4 BofA Securities 4.13 14 4.76%
5 JPMorgan 4.04 26 4.67%

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