| 1998 leveraged book manager league table | ||||
| 1998 | 1997 | |||
| Firm | Rank | Volume | Rank | Volume |
| ($bn) | ($bn) | |||
| Chase | 1 | 76.1 | 1 | 50.3 |
| BankAmerica/NationsBank | 2 | 49.8 | 2 | 32.9 |
| Bankers Trust | 3 | 27.7 | 3 | 24.7 |
| Lehman Brothers | 4 | 15.4 | 10 | 5.4 |
| Toronto Dominion | 5 | 14.8 | 6 | 6.3 |
| JP Morgan | 6 | 12.9 | 8 | 5.9 |
| Bank One/First Chicago | 7 | 12.6 | 5 | 7 |
| Salomon Smith Barney/Citicorp | 8 | 10.8 | 4 | 17.4 |
| Bank Boston | 9 | 9.9 | 12 | 4.7 |
| Donaldson Lufkin & Jenrette | 10 | 9.7 | 17 | 3 |
| Credit Suisse First Boston | 13 | 8 | 16 | 4 |
| Goldman Sachs | 15 | 4.8 | 15 | 4 |
| Merrill Lynch | 18 | 3.6 | 25 | 1.3 |
| Morgan Stanley | N/A | N/A | 23 | 1.6 |
| Source:Security Data Company | ||||
Leveraged syndicated lending has become hotly fought over in the past few years. Investment and commercial banks are keen to make their names in leveraged buy-outs and investment banks – long leaders on the advisory side as well as in bond and equity finance – seem to be closing the gap on commercial banks in senior lending as well.
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