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Bank deleveraging has barely started

Bank deleveraging has barely started

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

Abigail Hofman:

Abigail Hofman:

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

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Tuesday, April 1, 2008

€ Denominated DCM - End of Q1 2008





Bookrunner Value $m Deals % Share
1 Deutsche Bank 27,415 55 8.6
2 UBS 25,763 37 8.0
3 BNP Paribas 25,132 31 7.9
4 Barclays Capital 19,811 64 6.2
5 RBS 18,537 38 5.8
6 JPMorgan 16,363 36 5.1
7 Citi 14,905 22 4.7
8 UniCredit Group 14,890 75 4.7
9 HSBC 14,869 41 4.6
10 Calyon 13,835 38 4.3
Total 320,243 673 100.0
Source: Dealogic







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