ABN Amro Best debt house
Best equities house
Best M&A house
ABN Amro manages to maintain a strong position in every area of finance and the capital markets in its domestic territory and sweeps the field in the Netherlands awards. Its income is lower than local rival ING?s, but its return on equity is over 20% and its ability to offer a full range of services to local corporates and financial institutions is impressive.
In debt, the closest contender this year was Morgan Stanley, which handled 83 new issues ? more than almost any other bank. But these are predominantly asset-backed securities or financial institutions group deals. ABN Amro can demonstrate more variety in its types of clients, with a good spread of corporate, FIG and ABS deals.
In equities, the bank?s primary market activity is handled by ABN Amro Rothschild, whereas secondary market trading and research comes from ABN Amro.
On the primary market side, ABN Amro Rothschild had a respectable presence in every major deal of the year, including a rights issue for Ahold, a rights issue and convertible bond for Hagermeyer, a convertible and accelerated bookbuild for Getronics, and a convertible for Numico.