Europe’s best investment bank for DCM 2025: BNP Paribas

BNP Paribas has translated consistent, currency-agnostic advice into tangible gains across investment grade, high-yield and emerging market segments, cementing its role as Europe’s best DCM franchise. 

In euros, an area it already dominates, the bank added incremental share in 2024, an achievement made more impressive by the maturity of the market and the high base from which it started. In the Swiss franc market, where Credit Suisse’s retreat reshaped the landscape, BNPP emerged as the leading non-Swiss arranger, positioning itself third overall, and it now stands as the number one non-UK-headquartered sterling bookrunner.

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