Smart money calls the bottom of the market

For months the biggest impediment to recovery in the structured credit market has not been investors’ fear of defaults, but their fear of short term mark-to-market losses if CDOs fall further in price. Big asset sales, such as UBS offloading $15bn of US mortgage paper to BlackRock, will do a great deal to restore confidence that there is a realistic bottom to the value of securities and that it may be safe to buy.

  • 06 May 2008

UBS’s announcement today that BlackRock, the US asset manager, would buy $15bn of its US subprime and Alt-A mortgage debt will bring cheer to the hearts of structured credit specialists.

This is not BlackRock’s first signal that it believes there is value in some of the capital markets’ most ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 68,888.40 314 9.81%
2 HSBC 62,983.35 364 8.97%
3 JPMorgan 58,604.72 253 8.35%
4 Deutsche Bank 32,702.37 137 4.66%
5 Standard Chartered Bank 30,732.40 217 4.38%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 20,023.23 60 14.29%
2 JPMorgan 16,300.95 61 11.63%
3 HSBC 15,707.62 42 11.21%
4 Bank of America Merrill Lynch 12,906.21 51 9.21%
5 Santander 11,584.64 45 8.27%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,997.79 92 13.21%
2 Citi 24,968.00 87 12.22%
3 HSBC 17,697.95 68 8.66%
4 Deutsche Bank 10,385.92 29 5.08%
5 Standard Chartered Bank 10,214.05 48 5.00%

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 ING 3,133.69 26 8.77%
2 UniCredit 2,986.04 23 8.35%
3 Credit Suisse 2,801.35 8 7.84%
4 Sumitomo Mitsui Financial Group 2,594.98 10 7.26%
5 SG Corporate & Investment Banking 2,301.01 20 6.44%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 12,906.34 183 10.73%
2 Standard Chartered Bank 5,841.86 48 4.86%
3 ICICI Bank 5,706.63 152 4.74%
4 Trust Investment Advisors 5,552.05 162 4.61%
5 HDFC Bank 2,786.90 77 2.32%