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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

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

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League Tables - 120



€ Denominated DCM - End of H1 2008


Pos. Bookrunner Parents Deal Value $ (m) No. %share
1 Deutsche Bank 75,256 136 8.8
2 RBS 63,399 111 7.4
3 Barclays Capital 58,458 166 6.8
4 BNP Paribas 55,339 87 6.5
5 UniCredit Group 47,476 184 5.5
6 HSBC 47,292 106 5.5
7 UBS 45,951 66 5.4
8 SG Corporate & Investment Banking 45,762 90 5.3
9 Calyon 34,823 87 4.1
10 JPMorgan 34,124 75 4.0
Total 858,315 1,497 100.0
Source: Dealogic


In Europe, many people now consider a car to be a luxury item they are better off without

Eric Spielrein, corporate secretary at RCI Banque

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