The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Debt Capital markets: Takeovers mean all change in DCM league table

Global DCM Bookrunner Ranking – First 9 months 2008
Currently...
Rank Bookrunner Deal value ($bn) % share
1 Barclays Capital 313.2 8.7
2 JPMorgan 287.3 8.0
3 Deutsche Bank 227.3 6.3
4 Citi 215.3 6.0
5 Merrill Lynch 192.0 5.4
6 UBS 177.8 5.0
7 RBS 169.9 4.7
8 Goldman Sachs 151.5 4.2
9 Credit Suisse 151.0 4.2
10 Bank of America 142.2 4.0
... And After?
1 Bank of America 334.2 9.4
2 Barclays Capital 313.2 8.7
Source: Dealogic

It will take months if not years before we know with any certainty who the ultimate winners from the financial crisis will be. But having purchased the US businesses of Lehman Brothers it seems that Barclays Capital will be among them.

The immediate impact of the acquisition is that it is now the biggest underwriter of debt. According to Dealogic, it has leapt to the top of the end of plus Lehman’s US bond deals, third-quarter global DCM league table, ahead of JPMorgan.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree