This is not an EM credit crisis, say bankers

Emerging market bankers are pointing to the recent sell off in EM as a minor hiccup rather than a full blown EM credit crisis. The JP Morgan EMBI Global index was off only 30bp by the close of the day in London on Monday evening and the market has stabilised today, leaving syndicate bankers hopeful that the EM issuers roadshowing at the moment will be able to print deals shortly after the finish of their marketing this week.

  • By Francesca Young
  • 28 Jan 2014
“We were worried yesterday because we weren’t sure how far the selling was going to go,” said one emerging markets syndicate banker in London. “But it’s stopped now and what we’ve been left with is a blip that doesn’t look that much worse than any other period of ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 50,093.92 234 9.56%
2 HSBC 43,718.31 298 8.35%
3 JPMorgan 34,985.36 173 6.68%
4 Standard Chartered Bank 31,091.95 213 5.94%
5 Deutsche Bank 25,494.41 99 4.87%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 13,465.23 42 17.91%
2 HSBC 8,624.00 21 11.47%
3 JPMorgan 7,888.60 35 10.49%
4 Deutsche Bank 6,487.13 9 8.63%
5 Bank of America Merrill Lynch 4,573.34 21 6.08%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 20,475.95 66 11.94%
2 Standard Chartered Bank 16,681.46 66 9.72%
3 JPMorgan 15,487.08 64 9.03%
4 Deutsche Bank 13,122.14 34 7.65%
5 HSBC 12,653.58 57 7.38%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 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
  • Today
1 UniCredit 4,631.80 28 12.96%
2 ING 3,270.62 26 9.15%
3 Credit Agricole CIB 2,397.03 10 6.71%
4 SG Corporate & Investment Banking 2,093.15 15 5.86%
5 MUFG 1,979.59 10 5.54%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 6,262.97 112 23.11%
2 HDFC Bank 3,031.20 67 11.18%
3 Trust Investment Advisors 2,793.32 96 10.31%
4 AK Capital Services Ltd 1,915.50 83 7.07%
5 ICICI Bank 1,863.14 64 6.87%