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No. 6: If you don’t give it to me you’ll only lend it to someone else and look where that got us
Bank deleveraging has barely started

Bank deleveraging has barely started

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

Tuesday, April 1, 2008

Global ECM - End of Q1 2008





Bookrunner Value $m Deals % Share
1 Citi 14,192 41 11.5
2 Banc of America 11,918 13 9.6
3 JPMorgan 10,758 38 8.7
4 Merrill Lynch 8,210 34 6.6
5 Morgan Stanley 7,372 30 6.0
6 UBS 7,249 37 5.9
7 Deutsche Bank 7,182 36 5.8
8 Goldman Sachs 6,599 20 5.3
9 Credit Suisse 4,600 31 3.7
10 HSBC 3,164 5 2.6
Total 123,683 732 100
Source: Dealogic







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