Borrowers want it all

Lead banks sit pretty atop volatile market | Capital raising results tables 

Citigroup and Deutsche Bank trade places at the top of this year’s Euromoney overall capital raising poll, with Citigroup reclaiming the top spot and Deutsche dropping to second. Completing the podium places is Barclays Capital, which continues its steady rise up the rankings (it finished ninth in 2002 and fifth last year). One impressive mandate was acting as joint bookrunner on Autostrade’s €6.5 billion euro and sterling bond issue in May — one of the few highlights of the summer, and a deal that suggests that Barclays Capital is being rewarded for leading with its balance sheet.