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Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

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League Tables - 122



EMEA IPOs - End of Q1 2008


Bookrunner Value $m Deals % Share
1 HSBC 647 2 36.5
2 Credit Suisse 150 2 8.4
3 Evolution Securities 130 1 7.4
4 Intesa Sanpaolo 116 2 6.5
5 Tristone Capital Inc 106 1 6.0
6 ING 100 1 5.6
7 JPMorgan 76 1 4.3
8 UniCredit Group 69 1 3.9
9 Commerzbank Group 56 2 3.2
10 Kaupthing Bank 54 1 3.1
Total 1,774 48 100
Source: Dealogic


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