Capital markets spared Morgan Stanley bloodbath

Morgan Stanley’s extensive cuts in its fixed income division will not touch Global Capital Markets, the division which houses Morgan Stanley’s primary debt and equity underwriting businesses. Indeed, a source close to the bank said the GCM team had “never been busier”, and would turn in positive performance for the year.

  • By Owen Sanderson
  • 09 Dec 2015

The US bank has announced major redundancies in fixed income and commodities, beginning last week with managing director cuts and rolling the cuts out through the hierarchy this week.

A memo seen by GlobalCapital, from Colm Kelleher and Ted Pick, head of institutional securities and head of sales ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 344,551.82 1341 8.09%
2 JPMorgan 340,847.26 1467 8.00%
3 Bank of America Merrill Lynch 306,216.73 1054 7.19%
4 Barclays 256,667.84 965 6.02%
5 Goldman Sachs 227,311.51 769 5.33%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 47,043.60 195 6.55%
2 JPMorgan 46,108.71 102 6.42%
3 UniCredit 39,106.98 168 5.45%
4 Credit Agricole CIB 36,670.04 182 5.11%
5 SG Corporate & Investment Banking 35,773.91 138 4.98%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 14,088.48 62 8.97%
2 Goldman Sachs 13,469.15 66 8.57%
3 Citi 9,948.21 58 6.33%
4 Morgan Stanley 8,572.10 54 5.46%
5 UBS 8,391.04 36 5.34%