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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

Cash management poll 2008:

Cash management poll 2008:

Results now live

Tuesday, April 1, 2008

$ Denominated DCM - End of Q1 2008





Bookrunner Value $m Deals % Share
1 JPMorgan 76,463 236 12.4
2 Merrill Lynch 54,863 412 8.9
3 Citi 49,713 169 8.0
4 Banc of America 46,141 208 7.5
5 Goldman Sachs 42,102 99 6.8
6 Lehman Brothers 40,674 230 6.6
7 Deutsche Bank 38,384 127 6.2
8 Morgan Stanley 37,072 221 6.0
9 Barclays Capital 36,199 175 5.9
10 UBS 32,518 276 5.3
Total 618,365 3,619 100.0
Source: Dealogic







We hope this enterprise will be the start of our full enchilada offering in the future

Alejandro Valenzuela, chief executive of Mexican bank Banorte, plans a tasty treat for clients and shareholders

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