A few banks have dented Citigroup’s ego in a few debt product areas in the past year, but none comes close to its strength across the board by product or by geography.
According to Dealogic, Deutsche Bank has finally taken the number one spot from Citigroup for overall global international bond issuance, with a market share of 9.21% to Citigroup’s 8.35%. For its success on both sides of the Atlantic, Deutsche also replaces Citigroup as top asset-backed securities house.
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