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The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

Abigail Hofman:

Abigail Hofman:

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

Tuesday, July 1, 2008

US IPOs - End of H1 2008





Bookrunner Value $m Deals % Share
1 Citi 5,480 11 18.3
2 Merrill Lynch 4,086 7 13.6
3 Goldman Sachs 3,418 5 11.4
4 Banc of America 3,398 6 11.3
5 UBS 3,065 6 10.2
6 JPMorgan 2,726 4 9.1
7 Wachovia 2,620 3 8.7
8 HSBC 2,456 1 8.2
9 Morgan Stanley 641 5 2.1
10 Deutsche Bank 520 2 1.7
Total 29,989 37 100
Source: Dealogic







This year it’s an award for survival not for excellence

A debt banker lets gallows humour get the better of him. -Awards for Excellence 2008 Off the record special

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