BofA Eyes Taiwan Credit Mart

Bank of America is preparing to enter the domestic Taiwan dollar credit derivatives market in the coming months.

  • 17 Dec 2004
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Bank of America is preparing to enter the domestic Taiwan dollar credit derivatives market in the coming months. "This will be a major focus for us next year," said Joey Wang, treasurer in Taipei.

Wang said the firm will concentrate on yield-enhancing instruments, such as first-to-default baskets, for local financial institutions. This is part of the firm's wider push into Asian credit derivatives. As part of that it completed its first synthetic collateralized debt obligation in the region, a USD1 billion managed deal for Singapore's United Overseas Bank in April.

"More Japanese end users are getting comfortable with the product," said a trader at a bulge bracket house.

  • 17 Dec 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
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1 Citi 324,607.67 1260 8.10%
2 JPMorgan 317,157.29 1380 7.92%
3 Bank of America Merrill Lynch 292,436.96 1003 7.30%
4 Barclays 245,367.72 916 6.12%
5 Goldman Sachs 216,514.13 726 5.40%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 BNP Paribas 45,589.37 178 7.10%
2 JPMorgan 43,572.44 88 6.79%
3 Credit Agricole CIB 33,071.14 158 5.15%
4 UniCredit 33,064.66 151 5.15%
5 SG Corporate & Investment Banking 32,145.89 124 5.01%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,559.65 59 8.93%
2 Goldman Sachs 13,209.37 65 8.70%
3 Citi 9,711.73 55 6.40%
4 Morgan Stanley 8,471.86 53 5.58%
5 UBS 8,136.41 33 5.36%