emea capital markets · 2019-01-02 · bloomberg emea capital markets | fy 2018 bloomberg league...

EMEA CAPITAL MARKETS LEAGUE TABLES FY 2018

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MANAGER RANKINGS

EMEA CAPITAL MARKETS

DATA SUBMISSIONS AND QUERIES

Americas

EMEA

Asia-Pacific

Contact Email Phone

FY 2018

© 2018 Bloomberg Finance L.P. All rights reserved.

Paul Bandong +1 609 279 5187 [email protected]

Dimitris Gogos +44 20 3525 8149 [email protected]

Xin Yu Chen +65 6212 1123 [email protected]

http://www.bloomberg.com/

Bloomberg EMEACapitalMarkets|FY2018

BloombergLeagueTableReports Page1

EMEAFixedIncome

EuropeanBonds

FY2018 FY2017

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

HSBC 1 6.498 104,008 597 1 5.984 0.514

Barclays 2 5.583 89,359 469 2 5.716 -0.133

DeutscheBank 3 5.032 80,539 511 4 5.071 -0.039

JPMorgan 4 4.821 77,171 499 5 4.562 0.259

BNPParibas 5 4.778 76,478 475 3 5.228 -0.450

Citi 6 3.999 64,002 460 6 4.340 -0.341

SocieteGenerale 7 3.584 57,359 393 8 3.698 -0.114

CreditAgricoleCIB 8 3.415 54,654 406 10 3.506 -0.091

GoldmanSachs 9 3.403 54,470 321 7 3.741 -0.338

BankofAmericaMerrillLynch 10 3.197 51,175 346 9 3.507 -0.310

UniCredit 11 2.952 47,253 383 11 3.389 -0.437

NatWestMarkets 12 2.733 43,745 257 14 2.517 0.216

CreditSuisse 13 2.647 42,363 347 13 2.540 0.107

MorganStanley 14 2.378 38,068 272 15 2.287 0.091

UBS 15 2.201 35,229 268 12 2.659 -0.458

Commerzbank 16 2.089 33,437 262 17 1.796 0.293

Natixis 17 2.018 32,296 264 18 1.716 0.302

BancoSantander 18 1.988 31,823 212 16 2.196 -0.208

LandesbankHessen-ThuringenGirozentrale

19 1.746 27,948 300 20 1.592 0.154

DanskeBank 20 1.674 26,801 363 25 1.198 0.476

TOTAL 100% 1,600,598 6,737 100%

ThistableconsistsofdebtsecuritiesissuedbyEuropeanissuers.Thisexcludesbondswithwarrants,convertiblesecurities,credit-linkedsecuritiesandstructurednotes.Thereisaminimumthresholdof18monthsformaturities,callorputperiods,andEUR35MMminimumamountforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials47%

Government28%

ConsumerDiscretionary7%

Others18%

EuropeanBonds:ManagerRankingsHistory

EuropeanBonds:IndustryBreakdown

47%

28%

7%

18%

HSBC

Barclays

Deuts

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JPMorg

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BNPParibas Ci

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2018 2017 2016



WesternEuropeanBondsFY2018 FY2017

Firm Rank MktShare(%) Volume(EURMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

HSBC 1 6.537 102,633 586 1 6.043 0.494

Barclays 2 5.626 88,334 462 2 5.755 -0.129

BNPParibas 3 5.034 79,030 467 3 5.609 -0.575

DeutscheBank 4 4.956 77,803 492 4 5.007 -0.051

JPMorgan 5 4.633 72,738 461 5 4.281 0.352

Citi 6 3.786 59,441 427 6 4.165 -0.379



GoldmanSachs 9 3.410 53,530 315 7 3.697 -0.287

UniCredit 10 3.285 51,573 339 8 3.674 -0.389


NatWestMarkets 12 2.914 45,745 258 13 2.596 0.318

CreditSuisse 13 2.669 41,895 338 14 2.574 0.095

UBS 14 2.512 39,433 258 12 2.644 -0.132

MorganStanley 15 2.404 37,748 266 15 2.332 0.072

Commerzbank 16 2.138 33,565 250 17 1.770 0.368

Natixis 17 2.019 31,702 258 18 1.755 0.264

BancoSantander 18 1.978 31,053 207 16 2.285 -0.307


19 1.780 27,948 300 20 1.642 0.138

DanskeBank 20 1.700 26,688 362 25 1.235 0.465

TOTAL 100% 1,569,958 6,429 100%

EasternEuropeanBondsFY2018 FY2017

Firm Rank MktShare(%) Volume(USDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

VTBCapital 1 12.542 9,048 63 1 11.872 0.670

JPMorgan 2 6.338 4,572 33 3 7.682 -1.344

Gazprombank 3 5.736 4,138 51 2 8.492 -2.756

UniCredit 4 5.565 4,015 55 9 3.408 2.157

Citi 5 5.496 3,965 23 6 4.439 1.057

SberbankCIBCJSC 6 5.470 3,946 56 4 7.173 -1.703

ErsteGroupBank 7 5.344 3,855 35 17 2.395 2.949

DeutscheBank 8 4.298 3,100 17 10 3.406 0.892


RaiffeisenBankInternationalGroup 10 3.299 2,380 27 5 4.545 -1.246

REGIONInvestmentCo 11 3.031 2,186 28 24 1.045 1.986

RosselkhozbankOJSC 12 2.801 2,020 19 18 1.588 1.213

INGGroep 13 2.384 1,720 12 13 2.885 -0.501

BNPParibas 14 2.355 1,699 10 8 3.833 -1.478

SovcombankICBJSC 15 2.270 1,638 30 14 2.637 -0.367

HSBC 16 2.267 1,636 11 16 2.400 -0.133

AlfaBank 17 1.830 1,320 17 25 1.013 0.817

Barclays 18 1.724 1,244 7 12 2.971 -1.247

IntesaSanpaolo 19 1.706 1,231 8 15 2.414 -0.708

PKOBankPolskiSA 20 1.695 1,223 10 22 1.350 0.345

TOTAL 100% 72,139 327 100%

WesternEuropeanCorporateHighYieldBonds-RiskFY2018 FY2017


GoldmanSachs 1 8.996 5,307 51 2 7.520 1.476

CreditSuisse 2 7.939 4,684 55 3 6.580 1.359

JPMorgan 3 6.827 4,028 50 1 8.514 -1.687

DeutscheBank 4 6.729 3,970 55 5 6.073 0.656

BNPParibas 5 6.307 3,721 56 4 6.201 0.106

Barclays 6 5.374 3,170 41 6 5.694 -0.320

Citi 7 4.125 2,433 33 9 4.337 -0.212

HSBC 8 4.005 2,362 39 8 5.108 -1.103

CreditAgricoleCIB 9 3.651 2,154 32 11 3.530 0.121


MorganStanley 11 3.290 1,941 23 7 5.432 -2.142


UniCredit 13 2.673 1,577 26 13 3.223 -0.550

INGGroep 14 2.512 1,482 24 14 2.877 -0.365

Natixis 15 2.004 1,182 19 17 1.680 0.324

UBS 16 1.695 1,000 16 16 1.937 -0.242

Nordea 17 1.665 982 17 19 1.335 0.330

DanskeBank 18 1.554 917 14 30 0.621 0.933

NatWestMarkets 19 1.511 891 15 15 2.384 -0.873

IntesaSanpaolo 20 1.170 691 11 18 1.616 -0.446

TOTAL 100% 58,993 182 100%

Euro&SterlingCorporate&FinancialBondsFY2018 FY2017


BNPParibas 1 6.399 59,988 409 1 6.435 -0.036

DeutscheBank 2 6.331 59,351 358 4 5.518 0.813

HSBC 3 6.012 56,366 401 3 5.645 0.367

SocieteGenerale 4 4.473 41,939 288 7 3.908 0.565

Barclays 5 4.248 39,826 285 2 6.112 -1.864

UniCredit 6 4.038 37,857 272 5 4.344 -0.306


JPMorgan 8 3.525 33,045 270 8 3.775 -0.250

GoldmanSachs 9 3.292 30,859 194 9 3.461 -0.169

NatWestMarkets 10 2.997 28,097 207 15 2.611 0.386

Natixis 11 2.914 27,317 209 17 2.209 0.705

UBS 12 2.821 26,451 116 21 1.740 1.081

LandesbankHessen-ThuringenGirozentrale 13 2.796 26,212 268 14 2.655 0.141


Commerzbank 15 2.548 23,885 198 20 1.975 0.573

Citi 16 2.496 23,404 235 11 3.071 -0.575

BancoSantander 17 2.436 22,836 172 12 2.934 -0.498

INGGroep 18 2.418 22,666 187 19 2.026 0.392

MorganStanley 19 2.136 20,024 151 13 2.837 -0.701

CreditSuisse 20 1.865 17,486 159 16 2.304 -0.439

TOTAL 100% 937,526 3,011 100%



EMEACorporateHighYieldBonds(incEM)-RiskFY2018 FY2017


GoldmanSachs 1 6.851 5,537 55 2 6.546 0.305

CreditSuisse 2 6.717 5,429 65 5 5.231 1.486

JPMorgan 3 6.396 5,169 65 1 8.499 -2.103

DeutscheBank 4 6.073 4,908 63 4 6.053 0.020

BNPParibas 5 5.962 4,818 71 6 4.956 1.006

Citi 6 5.051 4,082 50 9 4.400 0.651

Barclays 7 4.869 3,935 49 8 4.446 0.423

HSBC 8 4.711 3,807 58 7 4.677 0.034

MorganStanley 9 3.177 2,567 30 3 6.220 -3.043



UniCredit 12 2.815 2,275 35 11 3.352 -0.537


INGGroep 14 2.591 2,094 29 13 2.917 -0.326

Natixis 15 2.261 1,827 25 21 1.293 0.968

UBS 16 1.570 1,269 19 15 2.216 -0.646

RBCCapitalMarkets 17 1.433 1,158 17 35 0.490 0.943

DanskeBank 18 1.370 1,107 16 37 0.478 0.892

NatWestMarkets 19 1.356 1,096 17 16 1.834 -0.478

Nordea 20 1.287 1,040 21 22 1.099 0.188

TOTAL 100% 80,818 270 100%

EMEACorporateInvestmentGradeBonds(incEM)FY2018 FY2017


BNPParibas 1 7.930 21,555 173 2 7.746 0.184


DeutscheBank 3 6.064 16,482 105 3 6.616 -0.552

HSBC 4 5.658 15,378 138 4 6.530 -0.872

UniCredit 5 4.660 12,666 95 9 3.898 0.762

Barclays 6 4.615 12,544 106 1 7.794 -3.179


JPMorgan 8 4.039 10,977 96 7 4.401 -0.362

MitsubishiUFJFinancialGroupInc 9 3.859 10,489 95 13 3.021 0.838

INGGroep 10 3.826 10,398 85 19 1.865 1.961

GoldmanSachs 11 3.581 9,732 48 10 3.791 -0.210

Citi 12 3.496 9,503 99 6 5.078 -1.582


BancoSantander 14 3.169 8,614 70 11 3.540 -0.371

NatWestMarkets 15 2.836 7,707 74 15 2.591 0.245

Commerzbank 16 2.622 7,127 68 16 2.271 0.351


CreditSuisse 18 2.185 5,938 57 17 2.230 -0.045

MorganStanley 19 1.987 5,401 57 18 2.220 -0.233

MizuhoFinancial 20 1.905 5,177 50 14 2.670 -0.765

TOTAL 100% 271,794 621 100%

InternationalBondsFY2018 FY2017


JPMorgan 1 7.249 262,826 1,621 1 8.002 -0.753

HSBC 2 6.286 227,905 1,388 4 5.687 0.599

Citi 3 6.173 223,819 1,408 2 7.113 -0.940

BankofAmericaMerrillLynch 4 5.728 207,701 1,208 3 6.436 -0.708

Barclays 5 5.450 197,614 1,079 5 5.638 -0.188

GoldmanSachs 6 4.813 174,500 887 6 5.617 -0.804

DeutscheBank 7 4.646 168,443 954 7 4.893 -0.247

BNPParibas 8 4.072 147,645 957 9 4.005 0.067

MorganStanley 9 3.644 132,141 832 8 4.143 -0.499



CreditSuisse 12 2.426 87,960 650 10 2.521 -0.095


WellsFargo 14 2.030 73,606 472 13 1.944 0.086

UniCredit 15 1.821 66,010 401 15 1.858 -0.037

MizuhoFinancial 16 1.802 65,351 692 17 1.555 0.247

TDSecurities 17 1.801 65,315 417 18 1.502 0.299

NatWestMarkets 18 1.721 62,405 315 22 1.336 0.385

UBS 19 1.582 57,357 377 14 1.859 -0.277


TOTAL 100% 3,625,772 9,938 100%

InternationalSukukFY2018 FY2017


HSBC 1 13.544 3,394 20 1 14.354 -0.810

StandardCharteredBank 2 12.667 3,174 29 2 9.789 2.878

Citi 3 9.605 2,407 15 4 8.374 1.231

DubaiIslamicBank 4 7.132 1,787 15 7 5.978 1.154

JPMorgan 5 5.721 1,434 10 3 9.088 -3.367

CIMB 6 5.055 1,267 6 21 0.856 4.199

FirstAbuDhabiBankPJSC 7 4.255 1,066 12 6 6.186 -1.931

AbuDhabiIslamicBank 8 4.155 1,041 8 - - 4.155

EmiratesNBDPJSC 9 3.788 949 13 10 4.845 -1.057

GulfInternationalBankBSC 10 3.267 819 4 11 2.630 0.637

BNPParibas 11 3.116 781 4 8 5.718 -2.602

Natixis 12 3.003 752 5 15 1.315 1.688

SharjahIslamicBank 13 2.348 588 5 23 0.609 1.739

MizuhoFinancial 14 2.328 583 3 35 0.190 2.138

KuwaitFinanceHouse 15 2.215 555 3 16 1.154 1.061

LandesbankBaden-Wuerttemberg 16 1.781 446 3 - - 1.781

SumitomoMitsuiFinancial 17 1.621 406 3 35 0.190 1.431

NoorBank 18 1.347 337 6 13 1.810 -0.463

SambaCapital 19 1.330 333 1 - - 1.330

BedfordRowCapitalAdvisersLtd 20 1.260 316 2 - - 1.260

TOTAL 100% 25,058 43 100%



EuroCurrencyBondsFY2018 FY2017


BNPParibas 1 6.229 75,143 463 1 6.587 -0.358

DeutscheBank 2 6.118 73,799 422 4 5.361 0.757

HSBC 3 5.876 70,879 458 3 5.590 0.286


JPMorgan 5 4.891 59,000 352 9 4.562 0.329

Barclays 6 4.700 56,701 294 2 5.754 -1.054


UniCredit 8 4.275 51,570 356 6 4.940 -0.665

GoldmanSachs 9 3.754 45,290 229 8 4.631 -0.877

Citi 10 3.537 42,669 297 10 4.138 -0.601

Commerzbank 11 3.357 40,492 269 12 2.682 0.675


Natixis 13 2.869 34,609 255 14 2.403 0.466

NatWestMarkets 14 2.634 31,773 159 18 2.031 0.603


15 2.309 27,859 298 17 2.111 0.198

DZBank 16 2.275 27,448 287 22 1.445 0.830

INGGroep 17 2.230 26,902 210 19 1.997 0.233

MorganStanley 18 2.128 25,670 164 13 2.466 -0.338

BancoSantander 19 2.111 25,464 161 15 2.276 -0.165

LandesbankBaden-Wuerttemberg 20 2.098 25,314 274 16 2.163 -0.065

TOTAL 100% 1,206,293 3,775 100%

SterlingBondsFY2018 FY2017

Firm Rank MktShare(%) Volume(GBPMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

HSBC 1 13.876 16,662 113 2 13.236 0.640

NatWestMarkets 2 11.982 14,388 109 3 9.093 2.889

Barclays 3 10.709 12,859 92 1 14.278 -3.569


LloydsBank 5 6.692 8,036 56 5 5.436 1.256

Nomura 6 5.206 6,252 42 15 2.333 2.873

JPMorgan 7 4.760 5,716 32 7 4.319 0.441

TDSecurities 8 4.307 5,171 43 16 1.776 2.531


DeutscheBank 10 3.841 4,612 27 6 5.036 -1.195

BancoSantander 11 3.363 4,038 28 10 4.212 -0.849

CreditSuisse 12 2.984 3,584 35 12 3.482 -0.498

Citi 13 2.970 3,566 30 9 4.232 -1.262

GoldmanSachs 14 2.497 2,998 17 13 2.722 -0.225

BNPParibas 15 2.253 2,705 20 14 2.637 -0.384

MorganStanley 16 1.936 2,325 14 8 4.284 -2.348

UBS 17 1.622 1,948 4 17 1.592 0.030

MonsasLtd 18 1.249 1,500 1 - - 1.249

FMSWertmanagement 19 0.999 1,200 1 19 1.208 -0.209

INGGroep 20 0.588 707 7 32 0.214 0.374

TOTAL 100% 120,079 386 100%

SwissFrancBondsFY2018 FY2017

Firm Rank MktShare(%) Volume(CHFMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

CreditSuisse 1 26.076 14,914 152 1 26.294 -0.218

UBS 2 23.214 13,277 134 2 22.768 0.446

SchweizerischeKantonalbanken 3 11.424 6,534 33 3 13.437 -2.013

ZuercherKantonalbank 4 9.691 5,543 62 4 9.420 0.271

RaiffeisenSwitzerland 5 7.598 4,346 48 5 6.530 1.068

BNPParibas 6 3.248 1,858 17 6 4.039 -0.791

DeutscheBank 7 3.190 1,825 17 7 3.556 -0.366

BaslerKantonalbank 8 1.733 991 10 8 1.811 -0.078

HSBC 9 1.630 933 7 9 1.762 -0.132

Commerzbank 10 1.569 898 11 10 1.070 0.499

BasellandchaflicheKantonalbank 11 1.428 817 7 24 0.349 1.079

LuzernerKantonalbank 12 1.180 675 2 13 0.762 0.418

VontobelHoldingAG 13 1.088 622 8 14 0.698 0.390

AargauischeKantonalbank 14 1.049 600 5 11 1.029 0.020

GraubundnerKantonalbank 15 0.874 500 2 - - 0.874

ThurgauerKantonalbank 16 0.717 410 2 17 0.571 0.146

Scotiabank 17 0.415 238 2 - - 0.415

BanqueCantonaledeFribourg 18 0.350 200 1 22 0.476 -0.126

CieFinanciereTraditionSA 19 0.336 192 21 16 0.600 -0.264

Gazprombank 20 0.328 188 1 25 0.238 0.090

TOTAL 100% 57,192 345 100%

SwedishKronaBondsFY2018 FY2017

Firm Rank MktShare(%) Volume(SEKMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

Nordea 1 21.510 82,363 176 1 20.908 0.602

DanskeBank 2 20.080 76,887 181 2 20.233 -0.153

SEB 3 18.047 69,101 137 3 17.734 0.313

Swedbank 4 17.056 65,308 137 4 13.004 4.052

SvenskaHandelsbanken 5 10.335 39,572 97 5 10.919 -0.584

DNBASA 6 5.330 20,408 51 6 5.464 -0.134

DeutscheBank 7 1.510 5,783 6 21 0.248 1.262

JPMorgan 8 0.648 2,483 8 10 0.970 -0.322

ABGSundalCollierAsa 9 0.592 2,266 8 7 1.337 -0.745


ParetoSecurities 11 0.556 2,130 8 9 1.002 -0.446

TDSecurities 12 0.525 2,010 5 - - 0.525

Citi 13 0.466 1,783 4 18 0.495 -0.029

HSBC 14 0.454 1,740 6 8 1.110 -0.656

GoldmanSachs 15 0.348 1,333 6 15 0.712 -0.364

Nomura 16 0.253 968 6 14 0.727 -0.474

Carnegie 17 0.248 950 5 11 0.907 -0.659

BankofAmericaMerrillLynch 18 0.206 790 3 16 0.687 -0.481

BNPParibas 19 0.152 583 2 19 0.402 -0.250

ArcticSecurities 20 0.148 565 2 17 0.560 -0.412

TOTAL 100% 382,897 668 100%



SpainBondsFY2018 FY2017


BancoSantander 1 12.626 11,221 48 1 11.066 1.560

BancoBilbaoVizcayaArgentaria 2 10.578 9,401 31 2 10.728 -0.150

HSBC 3 8.359 7,429 29 4 6.741 1.618

Barclays 4 8.002 7,112 28 3 7.277 0.725

Citi 5 6.446 5,729 23 5 6.581 -0.135

JPMorgan 6 4.247 3,775 18 11 3.889 0.358

BNPParibas 7 4.188 3,722 21 7 4.949 -0.761


CajaRuraldeNavarra 9 3.376 3,000 1 - - 3.376

GoldmanSachs 10 3.337 2,965 16 9 4.046 -0.709

NatWestMarkets 11 3.299 2,932 14 15 2.072 1.227


LaCaixa 13 2.594 2,305 22 6 5.673 -3.079

UniCredit 14 2.593 2,304 17 16 1.967 0.626

CreditSuisse 15 2.418 2,149 17 17 1.961 0.457

MorganStanley 16 2.204 1,959 10 8 4.113 -1.909

Natixis 17 2.198 1,953 14 18 1.683 0.515

DeutscheBank 18 2.177 1,935 19 19 1.550 0.627


BancoSabadell 20 1.858 1,652 8 14 2.438 -0.580

TOTAL 100% 88,875 171 100%

SpainCorporatesFY2018 FY2017


GoldmanSachs 1 6.502 1,202 8 13 2.597 3.905

BancoSantander 2 6.321 1,169 17 2 7.262 -0.941

Citi 3 6.069 1,122 10 8 5.240 0.829

BNPParibas 4 5.812 1,074 14 10 4.621 1.191

BancoBilbaoVizcayaArgentaria 5 5.187 959 11 3 6.430 -1.243

LaCaixa 6 5.031 930 14 7 5.358 -0.327

Barclays 7 4.665 863 11 4 6.358 -1.693

SocieteGenerale 8 4.333 801 9 5 5.862 -1.529

CreditSuisse 9 4.233 783 7 23 1.648 2.585

UniCredit 10 3.854 713 9 15 2.466 1.388

HSBC 11 3.809 704 8 9 4.954 -1.145

DeutscheBank 12 3.802 703 9 19 1.863 1.939

JPMorgan 13 3.488 645 8 6 5.738 -2.250

CreditAgricoleCIB 14 3.166 585 9 11 3.545 -0.379

NatWestMarkets 15 3.137 580 8 12 3.501 -0.364

BankofAmericaMerrillLynch 16 2.857 528 7 22 1.681 1.176

IntesaSanpaolo 17 2.760 510 5 20 1.853 0.907

MitsubishiUFJFinancialGroupInc 18 2.701 499 6 17 2.114 0.587

MizuhoFinancial 19 2.393 442 5 14 2.475 -0.082

MorganStanley 20 2.123 393 5 1 8.320 -6.197

TOTAL 100% 18,487 64 100%

SpainFinancialsFY2018 FY2017


BancoSantander 1 14.067 5,149 22 1 11.206 2.861

CajaRuraldeNavarra 2 8.196 3,000 1 - - 8.196


Barclays 4 5.043 1,846 11 3 5.366 -0.323

Natixis 5 4.378 1,603 9 16 3.077 1.301

UniCredit 6 4.348 1,592 8 22 1.770 2.578

Citi 7 4.277 1,566 10 6 4.870 -0.593

HSBC 8 4.143 1,517 10 8 4.596 -0.453

LaCaixa 9 3.756 1,375 8 4 4.917 -1.161

CreditSuisse 10 3.733 1,366 10 11 3.737 -0.004

BancoSabadell 11 3.597 1,317 3 7 4.709 -1.112

UBS 12 3.483 1,275 11 19 2.213 1.270

DeutscheBank 13 3.365 1,232 10 18 2.613 0.752


JPMorgan 15 3.200 1,171 7 13 3.277 -0.077

GoldmanSachs 16 2.996 1,097 7 9 4.529 -1.533



MorganStanley 19 2.459 900 4 14 3.173 -0.714

Nomura 20 2.408 881 6 15 3.127 -0.719

TOTAL 100% 36,604 87 100%

SpainGovernment&AgenciesFY2018 FY2017


BancoBilbaoVizcayaArgentaria 1 17.083 5,771 13 1 16.220 0.863

HSBC 2 15.417 5,208 11 3 10.656 4.761

BancoSantander 3 14.514 4,903 9 2 13.668 0.846

Barclays 4 13.034 4,403 6 4 10.276 2.758

Citi 5 9.004 3,042 3 5 9.644 -0.640

JPMorgan 6 5.797 1,958 3 11 3.288 2.509

BNPParibas 7 5.427 1,833 2 7 6.532 -1.105


NatWestMarkets 9 4.933 1,667 1 12 2.192 2.741


GoldmanSachs 11 1.973 667 1 8 4.515 -2.542

MorganStanley 11 1.973 667 1 12 2.192 -0.219

INGGroep 13 0.592 200 1 22 0.368 0.224

BancoSabadell 14 0.444 150 1 25 0.132 0.312

BancoCooperativo 15 0.298 101 1 21 0.385 -0.087

NorbolsaSociedaddeValoresSA/Spain 16 0.296 100 1 17 0.592 -0.296

Natixis 17 0.102 34 2 22 0.368 -0.266

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 33,783 20 100%



CEEMEABondsFY2018 FY2017


Citi 1 8.716 20,178 99 2 9.037 -0.321


JPMorgan 3 6.668 15,438 90 1 9.450 -2.782

DeutscheBank 4 6.043 13,990 50 7 3.615 2.428

HSBC 5 5.848 13,539 81 3 6.993 -1.145

VTBCapital 6 4.027 9,324 66 4 4.426 -0.399

BNPParibas 7 3.023 6,999 43 6 3.932 -0.909


GoldmanSachs 9 2.671 6,184 23 8 3.062 -0.391

Barclays 10 2.346 5,431 44 10 2.865 -0.519

BankofAmericaMerrillLynch 11 1.927 4,462 22 15 1.784 0.143

UniCredit 12 1.839 4,256 58 14 1.785 0.054

Gazprombank 13 1.787 4,138 51 9 3.024 -1.237


ErsteGroupBank 15 1.645 3,809 34 22 1.027 0.618

MitsubishiUFJFinancialGroupInc 16 1.541 3,567 24 13 1.793 -0.252

SumitomoMitsuiFinancial 17 1.477 3,419 27 56 0.310 1.167

INGGroep 18 1.365 3,159 24 20 1.335 0.030


CreditSuisse 20 1.315 3,044 21 38 0.554 0.761

TOTAL 100% 231,513 893 100%

RussiaBondsinc-RetainedDealsFY2018 FY2017

Firm Rank MktShare(%) Volume(RUBMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

VTBCapital 1 27.113 555,125 65 2 17.168 9.945

Gazprombank 2 13.019 266,563 55 4 12.443 0.576


REGIONInvestmentCo 4 7.019 143,707 30 10 1.618 5.401

RosselkhozbankOJSC 5 6.153 125,985 19 9 2.294 3.859

SovcombankICBJSC 6 5.223 106,939 32 5 4.062 1.161

AlfaBank 7 3.943 80,731 17 13 1.457 2.486

JPMorgan 8 3.662 74,979 10 6 3.633 0.029

CreditBankofMoscow 9 3.165 64,795 18 27 0.372 2.793

UniCredit 10 2.878 58,924 12 12 1.589 1.289

RaiffeisenBankInternationalGroup 11 2.406 49,257 15 14 1.450 0.956

RenaissanceCapitalPtyLtd 12 2.236 45,774 9 16 1.182 1.054

UBS 13 1.578 32,319 4 19 0.837 0.741


B&NBank 15 0.741 15,167 5 29 0.336 0.405

PromsvyazBank 16 0.733 15,000 2 17 1.121 -0.388

BCSFinancialGroup 17 0.715 14,633 8 20 0.780 -0.065

OtkritieHoldingJSC 18 0.591 12,100 9 7 2.550 -1.959

CreditSuisse 19 0.571 11,699 3 21 0.771 -0.200

DeutscheBank 20 0.518 10,610 1 18 1.044 -0.526

TOTAL 100% 2,047,484 171 100%

MENABonds&SukukFY2018 FY2017



HSBC 2 9.844 8,516 54 2 13.297 -3.453

Citi 3 8.274 7,158 39 3 10.620 -2.346

JPMorgan 4 6.719 5,813 32 1 15.569 -8.850

DeutscheBank 5 6.241 5,400 15 8 3.892 2.349



BNPParibas 8 2.856 2,471 15 6 4.506 -1.650


Barclays 10 2.574 2,227 18 18 1.570 1.004

MorganStanley 11 2.524 2,183 9 13 2.317 0.207



GulfInternationalBankBSC 14 2.119 1,833 7 7 4.082 -1.963

CreditSuisse 15 2.069 1,790 8 50 0.121 1.948

GoldmanSachs 16 1.624 1,405 7 10 2.863 -1.239

Industrial&CommBankofChina 17 1.577 1,364 5 26 0.630 0.947


BankofChina 19 1.504 1,302 4 - - 1.504

QatarNationalBank 20 1.232 1,065 4 19 1.091 0.141

TOTAL 100% 86,513 228 100%

GCCBonds&SukukFY2018 FY2017



HSBC 2 9.934 7,716 51 1 15.554 -5.620

Citi 3 7.487 5,816 33 3 9.084 -1.597

JPMorgan 4 5.948 4,620 27 2 13.634 -7.686

DeutscheBank 5 5.460 4,241 10 8 4.160 1.300



Barclays 8 2.867 2,227 18 21 0.953 1.914




BNPParibas 12 2.388 1,855 13 10 3.208 -0.820

GulfInternationalBankBSC 13 2.360 1,833 7 6 4.775 -2.415

CreditSuisse 14 2.304 1,790 8 47 0.141 2.163

GoldmanSachs 15 1.808 1,405 7 9 3.349 -1.541

MorganStanley 16 1.781 1,383 6 12 2.710 -0.929



BankofChina 19 1.676 1,302 4 - - 1.676

QatarNationalBank 20 1.372 1,065 4 51 0.098 1.274

TOTAL 100% 77,680 220 100%



AfricaBondsFY2018 FY2017


Citi 1 13.665 5,983 22 1 14.149 -0.484


DeutscheBank 3 8.366 3,663 14 10 3.088 5.278

JPMorgan 4 8.288 3,629 19 4 7.054 1.234

StandardBankofSouthAfrica 5 6.706 2,936 49 2 11.450 -4.744

FirstRandLtd 6 4.978 2,180 57 8 4.234 0.744

NedbankLtd 7 4.495 1,968 39 9 4.140 0.355

BNPParibas 8 4.411 1,931 10 5 6.371 -1.960

AbsaGroupLtd 9 3.609 1,580 25 - - 3.609

GoldmanSachs 10 3.342 1,463 4 23 0.995 2.347

HSBC 11 2.983 1,306 7 11 2.292 0.691



Barclays 14 2.538 1,111 13 7 4.806 -2.268

MorganStanley 15 2.124 930 4 35 0.242 1.882

FirstAbuDhabiBankPJSC 16 1.827 800 3 - - 1.827


Natixis 18 1.478 647 5 6 5.975 -4.497

IntesaSanpaolo 19 1.407 616 2 - - 1.407

CreditSuisse 20 0.825 361 3 19 1.208 -0.383

TOTAL 100% 43,784 217 100%

Sub-SaharaAfricaBondsFY2018 FY2017


Citi 1 13.716 5,041 18 2 12.821 0.895



DeutscheBank 4 7.904 2,905 11 7 3.833 4.071

JPMorgan 5 7.310 2,687 15 8 3.200 4.110

FirstRandLtd 6 5.931 2,180 57 5 5.255 0.676

NedbankLtd 7 5.355 1,968 39 6 5.138 0.217

AbsaGroupLtd 8 4.299 1,580 25 - - 4.299

GoldmanSachs 9 3.982 1,463 4 21 1.235 2.747

BNPParibas 10 3.579 1,315 8 9 3.168 0.411



Barclays 13 3.023 1,111 13 4 5.966 -2.943


HSBC 15 1.378 506 4 10 2.845 -1.467

Natixis 16 1.373 505 4 16 1.860 -0.487

CreditSuisse 17 0.983 361 3 17 1.499 -0.516

FidelityBankLtd 18 0.939 345 8 18 1.497 -0.558


Investec 20 0.885 325 14 12 2.334 -1.449

TOTAL 100% 36,751 211 100%

SouthAfricaBondsFY2018 FY2017

Firm Rank MktShare(%) Volume(ZARMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

NedbankLtd 1 28.205 29,758 55 3 17.954 10.251

FirstRandLtd 2 22.712 23,963 63 2 23.404 -0.692


AbsaGroupLtd 4 13.706 14,461 24 - - 13.706

Investec 5 8.872 9,361 21 5 5.870 3.002

FirstRandBank 6 2.147 2,265 1 - - 2.147

EskomHoldingsLtd 7 1.812 1,912 4 8 0.144 1.668

BasisPointsCapital 8 1.054 1,112 3 - - 1.054

LibertyGroupLtd 9 0.948 1,000 1 - - 0.948

Macquarie 10 0.868 916 2 - - 0.868

GrowthpointPropertiesLtd 11 0.663 700 2 - - 0.663

Land&AgriculturalBank 12 0.474 500 1 - - 0.474

OneCapital 13 0.427 450 1 - - 0.427

InguzaInvestmentsPtyLtd 14 0.196 207 1 - - 0.196

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 105,507 199 100%

Sub-SaharaAfricaCurrencyBondsFY2018 FY2017


NedbankLtd 1 18.397 1,873 42 3 9.343 9.054


FirstRandLtd 3 16.454 1,675 54 2 13.927 2.527

AbsaGroupLtd 4 9.744 992 22 - - 9.744

JPMorgan 5 5.558 566 8 11 2.261 3.297

Investec 6 5.232 533 17 7 4.298 0.934

FidelityBankLtd 7 3.388 345 8 10 3.660 -0.272

Barclays 8 3.083 314 8 4 6.114 -3.031

DatabankFinancialServicesLtd 9 2.901 295 8 35 0.041 2.860

ICSecuritiesGhanaLtd 10 2.881 293 7 - - 2.881

FirstRandBank 11 1.592 162 2 - - 1.592

EskomHoldingsLtd 12 1.300 132 3 - - 1.300

BNPParibas 13 0.818 83 5 15 0.959 -0.141

BasisPointsCapital 14 0.809 82 3 - - 0.809

GoldmanSachs 15 0.759 77 4 28 0.260 0.499

TDSecurities 16 0.746 76 3 16 0.753 -0.007

FBNHoldingsPLC 17 0.676 69 1 19 0.449 0.227

LibertyGroupLtd 18 0.659 67 1 - - 0.659

StandardCharteredBank 19 0.640 65 3 9 3.680 -3.040

NatWestMarkets 20 0.605 62 5 - - 0.605

TOTAL 100% 10,182 237 100%



EMEAEquity

EMEAEquity,EquityLinked&Rights-Risk

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

JPMorgan 1 10.047 14,547 66 1 9.027 1.020

GoldmanSachs 2 8.135 11,778 60 5 6.305 1.830

Citi 3 6.881 9,962 59 4 7.050 -0.169

MorganStanley 4 6.071 8,790 59 2 8.064 -1.993

UBS 5 5.503 7,967 35 3 7.187 -1.684

DeutscheBank 6 5.115 7,405 48 6 5.463 -0.348


CreditSuisse 8 4.399 6,370 39 9 3.913 0.486

Barclays 9 3.547 5,136 48 10 3.799 -0.252


BNPParibas 11 2.628 3,805 32 8 4.008 -1.380

JohBerenbergGossler&CoKG

12 2.276 3,295 34 14 1.595 0.681

HSBC 13 2.140 3,098 25 12 2.425 -0.285

Jefferies 14 1.568 2,270 31 13 1.737 -0.169

Investec 15 1.563 2,263 18 38 0.394 1.169

UniCredit 16 1.561 2,260 13 17 1.228 0.333

Numis 17 1.548 2,241 30 19 1.137 0.411

Carnegie 18 1.276 1,848 41 18 1.208 0.068


Nordea 20 0.980 1,419 19 24 0.938 0.042

TOTAL 100% 144,783 763 100%

Thistableconsistsofequity,equity-linked&rightsofferings,issuedbyEMEAissuers.Thisexcludesbondswithwarrants,closed-endfundorinvestmenttrustissuers,creditlinkednotes,localmarketsharesales,qualifiedinvestorplacements(QIP),reverseconvertibles,self-ledtransactions.Thethresholdsinclude12monthminimumcall,put&maturityperiods.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials32%

HealthCare15%

Industrials14%


Materials10%

ConsumerStaples5%

Others13%

EMEAEquity,EquityLinked&Rights-Risk:ManagerRankingsHistory

EMEAEquity,EquityLinked&Rights-Risk:IndustryBreakdown

32%

15%14%

11%

10%

5%

13%

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2018 2017 2016



EMEAEquity&EquityLinked-RiskFY2018 FY2017


JPMorgan 1 9.868 12,068 57 1 9.837 0.031

GoldmanSachs 2 8.581 10,494 56 5 6.587 1.994

Citi 3 7.204 8,810 54 4 7.668 -0.464

MorganStanley 4 6.739 8,241 54 2 8.836 -2.097

UBS 5 6.340 7,754 31 3 8.158 -1.818

DeutscheBank 6 5.727 7,004 45 6 5.541 0.186


CreditSuisse 8 4.717 5,768 35 10 3.455 1.262


Barclays 10 2.671 3,267 40 9 3.672 -1.001

JohBerenbergGossler&CoKG 11 2.658 3,250 32 12 1.989 0.669

BNPParibas 12 2.524 3,086 27 8 3.800 -1.276

Jefferies 13 1.836 2,245 30 14 1.679 0.157

UniCredit 14 1.562 1,910 12 18 1.133 0.429

Carnegie 15 1.503 1,837 37 15 1.534 -0.031

Numis 16 1.423 1,740 23 16 1.352 0.071

Investec 17 1.122 1,373 16 32 0.498 0.624

HSBC 18 1.092 1,335 18 13 1.813 -0.721

Nordea 19 1.085 1,327 17 17 1.148 -0.063

ParetoSecurities 20 0.857 1,049 24 37 0.397 0.460

TOTAL 100% 122,291 681 100%

EMEAEquity&EquityLinked-SyndicationFY2018 FY2017


JPMorgan 1 10.239 12,526 57 1 10.090 0.149

GoldmanSachs 2 8.194 10,023 50 5 6.622 1.572

MorganStanley 3 6.934 8,482 52 3 7.856 -0.922

Citi 4 6.796 8,314 46 4 7.851 -1.055

UBS 5 6.340 7,755 31 2 8.360 -2.020

DeutscheBank 6 5.896 7,213 45 6 5.869 0.027


CreditSuisse 8 4.490 5,493 31 10 3.219 1.271



BNPParibas 11 2.413 2,952 25 8 3.763 -1.350

Barclays 12 2.366 2,894 33 9 3.262 -0.896

Numis 13 1.579 1,931 26 17 1.339 0.240

Jefferies 14 1.528 1,869 22 16 1.503 0.025

UniCredit 15 1.503 1,839 11 19 1.122 0.381

Carnegie 16 1.502 1,837 37 15 1.519 -0.017

Nomura 17 1.206 1,475 11 13 1.855 -0.649

Investec 18 1.143 1,398 17 34 0.493 0.650

Nordea 19 1.114 1,363 18 18 1.136 -0.022

HSBC 20 1.054 1,289 18 14 1.795 -0.741

TOTAL 100% 122,328 661 100%

EMEAEquityLinked-RiskFY2018 FY2017


UBS 1 16.205 2,047 4 8 3.588 12.617

DeutscheBank 2 11.430 1,444 8 2 10.850 0.580

JPMorgan 3 11.331 1,431 8 1 26.793 -15.462


Citi 5 9.125 1,153 9 6 5.352 3.773

BNPParibas 6 6.600 834 9 3 9.510 -2.910

HSBC 7 5.010 633 7 13 2.483 2.527

GoldmanSachs 8 4.745 599 5 9 3.531 1.214


Barclays 10 3.475 439 5 12 2.768 0.707


MorganStanley 12 2.140 270 3 5 6.695 -4.555

Natixis 13 2.007 254 3 11 2.935 -0.928

CreditSuisse 14 1.900 240 3 14 1.792 0.108

JohBerenbergGossler&CoKG 15 1.556 197 3 16 0.931 0.625

UniCredit 16 1.489 188 2 10 3.243 -1.754

Jefferies 17 1.417 179 3 26 0.249 1.168

VontobelHoldingAG 18 0.805 102 1 - - 0.805

ClarksonsPlatouSecurities 19 0.693 88 1 - - 0.693

DNBASA 19 0.693 88 1 - - 0.693

TOTAL 100% 12,632 41 100%

EMEAEquityLinked-SyndicationFY2018 FY2017


JPMorgan 1 12.383 2,060 11 1 22.265 -9.882

UBS 2 12.308 2,047 4 11 2.801 9.507

DeutscheBank 3 9.898 1,646 8 2 11.697 -1.799

Nomura 4 8.871 1,475 11 3 10.621 -1.750

Citi 5 7.394 1,230 7 8 3.861 3.533


MorganStanley 7 5.149 856 7 6 5.667 -0.518

DaiwaSecurities 8 4.894 814 5 20 0.592 4.302

GoldmanSachs 9 4.394 731 7 7 4.420 -0.026

BNPParibas 10 4.205 699 7 4 7.425 -3.220

HSBC 11 3.373 561 6 15 1.938 1.435



Barclays 14 2.207 367 4 13 2.382 -0.175


CreditSuisse 16 1.443 240 3 16 1.620 -0.177


JohBerenbergGossler&CoKG 18 1.182 197 3 19 0.727 0.455

Natixis 19 1.092 182 2 14 2.291 -1.199

Jefferies 20 0.748 124 2 30 0.194 0.554

TOTAL 100% 16,632 61 100%



EMEAEquity,EquityLinked&Rights-SyndicationFY2018 FY2017


JPMorgan 1 10.374 15,004 66 1 9.235 1.139

GoldmanSachs 2 7.818 11,307 54 5 6.337 1.481

Citi 3 6.545 9,466 51 4 7.201 -0.656

MorganStanley 4 6.218 8,994 56 3 7.300 -1.082

UBS 5 5.484 7,931 34 2 7.356 -1.872

DeutscheBank 6 5.265 7,615 48 6 5.723 -0.458


CreditSuisse 8 4.214 6,095 35 9 3.725 0.489

Barclays 9 3.293 4,763 41 10 3.475 -0.182


BNPParibas 11 2.538 3,670 30 8 3.978 -1.440


HSBC 13 2.110 3,052 25 12 2.407 -0.297

Numis 14 1.682 2,433 33 20 1.128 0.554

Investec 15 1.582 2,288 19 40 0.391 1.191

UniCredit 16 1.513 2,188 12 18 1.219 0.294

Jefferies 17 1.309 1,894 23 13 1.599 -0.290

Carnegie 18 1.277 1,848 41 19 1.199 0.078


Nomura 20 1.020 1,475 11 15 1.460 -0.440

TOTAL 100% 144,629 740 100%

EMEAEquityOfferingsFY2018 FY2017


JPMorgan 1 9.700 10,637 49 4 7.343 2.357

GoldmanSachs 2 9.023 9,894 51 5 7.038 1.985

MorganStanley 3 7.269 7,971 51 1 9.134 -1.865

Citi 4 6.983 7,657 45 3 8.011 -1.028

UBS 5 5.204 5,707 27 2 8.832 -3.628

DeutscheBank 6 5.070 5,560 37 7 4.761 0.309

CreditSuisse 7 5.041 5,528 32 9 3.700 1.341




Barclays 11 2.579 2,828 35 8 3.806 -1.227

BNPParibas 12 2.054 2,252 18 10 2.960 -0.906

Jefferies 13 1.884 2,066 27 13 1.890 -0.006

Carnegie 14 1.676 1,837 37 14 1.760 -0.084

Numis 15 1.587 1,740 23 16 1.551 0.036

UniCredit 16 1.571 1,722 10 23 0.823 0.748

Investec 17 1.252 1,373 16 31 0.572 0.680

Nordea 18 1.210 1,327 17 18 1.264 -0.054

ParetoSecurities 19 0.956 1,049 24 35 0.448 0.508

DanskeBank 20 0.916 1,005 16 25 0.766 0.150

TOTAL 100% 109,659 640 100%

EMEAEquityIPOFY2018 FY2017


JPMorgan 1 9.034 3,817 21 1 7.162 1.872

Citi 2 7.236 3,058 21 2 7.140 0.096

DeutscheBank 3 6.912 2,921 15 8 3.595 3.317

MorganStanley 4 6.322 2,671 16 4 5.906 0.416

GoldmanSachs 5 5.903 2,494 16 6 5.204 0.699

UBS 6 5.468 2,310 8 3 7.113 -1.645


CreditSuisse 8 4.151 1,754 15 5 5.360 -1.209


BNPParibas 10 3.384 1,430 10 13 2.340 1.044

UniCredit 11 2.968 1,254 6 15 1.982 0.986

Jefferies 12 2.052 867 8 11 2.566 -0.514

Barclays 13 1.904 805 5 10 2.677 -0.773

QatarNationalBank 14 1.786 755 1 - - 1.786

Commerzbank 15 1.785 754 4 52 0.339 1.446

Carnegie 16 1.782 753 11 12 2.344 -0.562

Numis 17 1.681 710 4 18 1.703 -0.022

SocieteGenerale 18 1.616 683 11 32 0.736 0.880

Nordea 19 1.165 492 4 34 0.693 0.472

HSBC 20 1.121 473 4 9 3.124 -2.003

TOTAL 100% 42,256 180 100%

EMEARightsOfferingsFY2018 FY2017


JPMorgan 1 11.020 2,479 9 1 6.060 4.960

Barclays 2 8.310 1,869 8 11 4.261 4.049

HSBC 3 7.837 1,763 7 8 4.667 3.170

GoldmanSachs 4 5.707 1,284 4 3 5.273 0.434

Citi 5 5.123 1,152 5 6 4.786 0.337


Investec 7 3.957 890 2 63 0.013 3.944

BancoSantander 8 3.905 878 5 18 2.955 0.950


BNPParibas 10 3.195 719 5 7 4.767 -1.572

CreditSuisse 11 2.675 602 4 2 5.589 -2.914

MorganStanley 12 2.439 549 5 4 5.236 -2.797

INGGroep 13 2.395 539 6 19 2.463 -0.068

Numis 14 2.229 501 7 31 0.349 1.880

Commerzbank 15 2.180 490 3 20 2.269 -0.089

MizuhoFinancial 16 2.058 463 2 - - 2.058


DeutscheBank 18 1.786 402 3 5 5.175 -3.389

EmiratesNBDPJSC 19 1.785 402 3 - - 1.785

AlinmaBank 20 1.775 399 1 - - 1.775

TOTAL 100% 22,491 82 100%



AIMEquityOfferingsFY2018 FY2017

Firm Rank MktShare(%) Volume(GBPMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

Stifel 1 10.623 595 15 15 2.188 8.435

LiberumCapitalLtd 2 9.568 536 12 8 4.407 5.161

Numis 3 9.410 527 21 3 6.384 3.026

CenkosSecurities 4 6.727 377 22 1 11.514 -4.787

JohBerenbergGossler&CoKG 5 6.620 371 12 2 6.873 -0.253

EquitaSIMSpA 6 5.371 301 2 30 0.870 4.501

MirabaudSecurities 7 3.736 209 6 26 0.934 2.802

Investec 8 3.728 209 8 24 1.302 2.426

CreditSuisse 9 3.139 176 1 - - 3.139

IntesaSanpaolo 9 3.139 176 1 7 4.783 -1.644

FinnCap 11 2.336 131 30 10 3.554 -1.218

ZeusCapital 12 2.180 122 5 4 6.221 -4.041

PeelHuntLLP 13 2.088 117 6 6 5.031 -2.943

CanaccordGenuity 14 1.932 108 9 14 2.280 -0.348

Nplus1SingerLtd 15 1.789 100 7 19 1.837 -0.048

Macquarie 16 1.662 93 4 20 1.537 0.125

UniCredit 17 1.564 88 2 - - 1.564

BancoBPMSpA 18 1.562 88 1 13 2.309 -0.747

ShoreCapitalGroupLtd 19 1.530 86 11 25 0.988 0.542

ArdenPartnersLtd 20 1.324 74 11 23 1.320 0.004

TOTAL 100% 5,602 358 100%

WesternEuropeEquity,EquityLinked&RightsFY2018 FY2017


JPMorgan 1 9.925 10,480 54 1 9.274 0.651

GoldmanSachs 2 8.856 9,351 54 5 6.390 2.466

MorganStanley 3 6.843 7,225 57 2 7.682 -0.839

Citi 4 6.665 7,038 48 4 6.474 0.191

UBS 5 5.771 6,093 33 3 7.497 -1.726

DeutscheBank 6 5.304 5,601 43 6 5.376 -0.072

CreditSuisse 7 4.654 4,914 34 9 4.398 0.256


Barclays 9 3.814 4,027 41 10 3.825 -0.011


BNPParibas 11 2.906 3,068 31 8 4.680 -1.774


HSBC 13 2.336 2,466 23 12 2.354 -0.018

Numis 14 1.799 1,900 30 19 1.313 0.486

UniCredit 15 1.732 1,828 11 18 1.360 0.372

Jefferies 16 1.725 1,821 28 13 2.016 -0.291

Carnegie 17 1.436 1,517 40 17 1.401 0.035


Investec 19 1.231 1,300 13 45 0.256 0.975

Nordea 20 1.124 1,186 19 24 1.105 0.019

TOTAL 100% 105,588 623 100%

EasternEuropeEquity,EquityLinked&RightsFY2018 FY2017


JPMorgan 1 11.826 483 5 7 5.883 5.943

Citi 2 9.695 396 5 1 14.097 -4.402

DeutscheBank 3 9.486 387 4 8 5.299 4.187


GoldmanSachs 5 4.647 190 3 2 9.143 -4.496

AkbankTAS 6 4.159 170 3 - - 4.159

VTBCapital 7 4.104 168 2 4 8.416 -4.312

TurkiyeGarantiBankasiAS 8 3.896 159 2 - - 3.896

CreditSuisse 9 3.212 131 2 13 2.141 1.071

HSBC 10 3.111 127 2 24 0.783 2.328

UnluMenkulDegerlerAS 11 2.719 111 2 20 1.254 1.465

HalykSavingsBankofKazakhstanJSC 12 2.668 109 2 - - 2.668

UniCredit 13 2.380 97 2 23 0.861 1.519

TrigonDomMaklerskiSA 14 2.340 96 3 29 0.518 1.822

TCZiraatBankasi 15 2.274 93 1 - - 2.274

TurkiyeISBankasi 15 2.274 93 1 27 0.647 1.627

VakifYatirimMenkulDegerlerAS 15 2.274 93 1 - - 2.274

YapiveKrediBankasiAS 15 2.274 93 1 - - 2.274

SberbankCIBCJSC 19 2.198 90 2 11 2.753 -0.555

BancoSantander 20 2.023 83 4 14 2.038 -0.015

TOTAL 100% 4,081 36 100%

MENAEquity,EquityLinked&RightsFY2018 FY2017


JPMorgan 1 14.704 985 3 - - 14.704

EFG-Hermes 2 14.611 979 5 1 12.199 2.412

QatarNationalBank 3 11.259 755 1 - - 11.259

AlinmaBank 4 6.940 465 2 - - 6.940

EmiratesNBDPJSC 5 5.991 402 3 9 5.849 0.142

GoldmanSachs 6 4.551 305 2 5 7.131 -2.580

DNBASA 7 3.815 256 5 2 8.910 -5.095

Citi 8 3.725 250 3 10 5.630 -1.905

ClarksonsPlatouSecurities 9 3.485 234 3 7 6.819 -3.334

SambaCapital 10 3.251 218 1 - - 3.251

NBKCapital 11 3.165 212 1 - - 3.165

BankAlbilad 12 3.018 202 2 - - 3.018

NationalCommercialBank 13 2.586 173 1 - - 2.586

BNPParibas 14 2.032 136 1 - - 2.032

CreditSuisse 14 2.032 136 1 - - 2.032

FirstRandLtd 14 2.032 136 1 - - 2.032

StandardBankofSouthAfrica 14 2.032 136 1 - - 2.032

BanqueSaudiFransi 18 1.592 107 1 21 1.136 0.456

ParetoSecurities 19 1.444 97 2 18 1.520 -0.076

UbharCapitalSAOC 20 1.001 67 1 27 0.193 0.808

TOTAL 100% 6,701 38 100%



AfricaEquity,EquityLinked&RightsFY2018 FY2017


StandardBankofSouthAfrica 1 16.887 954 6 15 1.536 15.351

Investec 2 12.071 682 5 9 3.289 8.782

JPMorgan 3 9.227 521 4 2 9.689 -0.462

PSGGroupLtd 4 5.929 335 3 21 0.843 5.086

JavaCapital 5 4.825 273 5 5 8.287 -3.462

Barclays 6 4.620 261 4 7 7.312 -2.692

Citi 7 4.357 246 2 3 9.263 -4.906

ICSecuritiesGhanaLtd 8 4.345 246 1 - - 4.345

DeutscheBank 9 4.288 242 1 8 6.028 -1.740

BankofAmericaMerrillLynch 10 4.142 234 3 - - 4.142

EFG-Hermes 11 3.654 206 3 16 1.388 2.266

FirstRandLtd 12 3.405 192 2 6 7.355 -3.950

MorganStanley 13 3.274 185 2 1 18.919 -15.645

AbsaGroupLtd 14 2.645 149 2 - - 2.645

BNPParibas 15 2.410 136 1 - - 2.410

CreditSuisse 15 2.410 136 1 - - 2.410

SocieteGenerale 17 1.947 110 1 - - 1.947

GoldmanSachs 18 1.794 101 1 14 1.775 0.019

BMOCapitalMarkets 19 1.327 75 3 17 1.198 0.129

RBCCapitalMarkets 20 1.016 57 2 22 0.778 0.238

TOTAL 100% 5,650 39 100%



EMEALoans

EMEALoans(Bookrunner)

FY2018 FY2017

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

BNPParibas 1 6.992 51,676 288 2 5.648 1.344


UniCredit 3 5.120 37,837 221 7 4.176 0.944

HSBC 4 4.534 33,508 207 1 6.519 -1.985


JPMorgan 6 4.332 32,014 126 9 4.039 0.293

INGGroep 7 4.182 30,910 220 8 4.106 0.076

Citi 8 3.962 29,285 133 12 2.879 1.083

DeutscheBank 9 3.926 29,015 133 3 5.199 -1.273

Commerzbank 10 3.066 22,659 164 11 3.044 0.022

Natixis 11 3.042 22,484 133 13 2.552 0.490


BancoSantander 13 2.671 19,741 144 16 2.033 0.638

Barclays 14 2.623 19,389 116 6 4.262 -1.639

MitsubishiUFJFinancialGroupInc

15 2.622 19,378 93 17 2.031 0.591


GoldmanSachs 17 2.288 16,912 79 15 2.138 0.150


NatWestMarkets 19 1.709 12,629 86 20 1.714 -0.005

CreditSuisse 20 1.568 11,591 70 14 2.513 -0.945

TOTAL 100% 739,059 1,232 100%

ThistableconsistsofloanswithamarketofsyndicationintheEMEAregion.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials17%

Industrials17%


Energy11%

Materials10%

Communications7%

ConsumerStaples7%

Utilities7%

HealthCare7%

Others6%

EMEALoans:BookrunnerRankingsHistory

EMEALoans:IndustryBreakdown

17%

17%

12%11%

10%

7%

7%

7%

7%

6%

BNPParibas

CreditA

gricoleCIB

UniCred

it

HSBC

Socie

teGenerale

JPMorg

an

2

4

6

8

Marke

tSha

re(%

)

0

10

2018 2017 2016



EMEALoans(MandatedLeadArranger)FY2018 FY2017


BNPParibas 1 6.091 53,537 469 2 5.053 1.038


HSBC 3 4.387 38,563 333 1 5.470 -1.083

UniCredit 4 4.022 35,347 315 8 3.367 0.655

INGGroep 5 3.879 34,092 358 3 4.123 -0.244

DeutscheBank 6 3.688 32,418 204 4 3.881 -0.193


JPMorgan 8 3.212 28,235 174 6 3.652 -0.440

Citi 9 2.993 26,303 197 12 2.734 0.259

Commerzbank 10 2.959 26,009 264 10 2.887 0.072

Barclays 11 2.499 21,963 181 9 3.084 -0.585


Natixis 13 2.411 21,195 195 14 2.472 -0.061


BancoSantander 15 2.293 20,151 231 13 2.505 -0.212


NatWestMarkets 17 2.061 18,117 164 16 2.159 -0.098


GoldmanSachs 19 1.886 16,576 103 18 1.973 -0.087

IntesaSanpaolo 20 1.813 15,934 125 22 1.489 0.324

TOTAL 100% 878,936 1,651 100%

EMEALoans(AdministrativeAgent)FY2018 FY2017


JPMorgan 1 8.686 72,684 43 7 4.362 4.324

BNPParibas 2 6.801 56,910 82 3 5.073 1.728

DeutscheBank 3 6.746 56,450 56 8 4.093 2.653

UniCredit 4 5.695 47,655 106 2 6.750 -1.055

Commerzbank 5 4.521 37,834 80 9 3.291 1.230

HSBC 6 4.401 36,830 53 1 9.388 -4.987


INGGroep 8 4.144 34,675 82 6 4.557 -0.413



Natixis 11 3.496 29,254 48 10 2.731 0.765

NatWestMarkets 12 2.794 23,385 40 19 1.662 1.132

Barclays 13 2.746 22,981 37 5 4.665 -1.919

Citi 14 2.462 20,605 16 17 2.032 0.430

BancoSantander 15 2.424 20,287 79 18 1.783 0.641

CreditSuisse 16 2.410 20,171 23 16 2.127 0.283

FirstAbuDhabiBankPJSC 17 2.321 19,423 33 24 1.234 1.087

LloydsBank 18 2.040 17,070 32 22 1.375 0.665


IntesaSanpaolo 20 1.804 15,100 25 27 1.068 0.736

TOTAL 100% 836,835 1,604 100%

EMEALeveragedLoans(Bookrunner)FY2018 FY2017


JPMorgan 1 7.614 9,975 59 1 8.707 -1.093

GoldmanSachs 2 7.480 9,799 57 3 6.937 0.543

DeutscheBank 3 7.003 9,174 55 2 7.426 -0.423

BNPParibas 4 6.609 8,657 66 5 5.737 0.872

HSBC 5 5.419 7,099 53 6 5.311 0.108

Barclays 6 5.246 6,872 52 8 4.707 0.539

CreditSuisse 7 4.729 6,195 43 4 6.203 -1.474




Natixis 11 3.431 4,494 40 14 3.029 0.402

MorganStanley 12 3.215 4,212 32 13 3.219 -0.004

UniCredit 13 3.185 4,173 42 11 3.388 -0.203

INGGroep 14 3.026 3,964 48 10 3.664 -0.638

Citi 15 2.726 3,571 28 17 1.824 0.902


UBS 17 2.100 2,751 22 15 2.936 -0.836


DNBASA 19 1.997 2,616 8 31 0.529 1.468

NatWestMarkets 20 1.756 2,300 23 20 1.636 0.120

TOTAL 100% 130,998 288 100%

EMEALeveragedLoans(MandatedLeadArranger)FY2018 FY2017


JPMorgan 1 7.046 10,004 63 1 8.241 -1.195

BNPParibas 2 6.644 9,433 97 5 5.487 1.157

DeutscheBank 3 6.542 9,289 62 2 7.069 -0.527

GoldmanSachs 4 6.141 8,719 61 3 6.405 -0.264

HSBC 5 5.361 7,612 65 6 5.283 0.078

Barclays 6 4.824 6,849 61 7 4.561 0.263

CreditSuisse 7 4.454 6,324 48 4 6.102 -1.648



INGGroep 10 3.439 4,883 69 11 3.480 -0.041


Natixis 12 3.192 4,532 52 15 2.771 0.421

UniCredit 13 3.179 4,514 56 13 3.036 0.143

Citi 14 2.763 3,923 34 17 1.863 0.900

MorganStanley 15 2.280 3,237 33 12 3.054 -0.774



UBS 18 1.917 2,722 22 14 2.897 -0.980

NatWestMarkets 19 1.895 2,691 31 18 1.752 0.143

Rabobank 20 1.676 2,379 25 20 1.611 0.065

TOTAL 100% 141,979 348 100%



EMEASponsor-ledLeveragedLoans(Bookrunner)FY2018 FY2017


JPMorgan 1 7.319 8,058 45 1 7.361 -0.042

BNPParibas 2 7.146 7,868 57 3 6.321 0.825

GoldmanSachs 3 7.039 7,750 48 4 6.102 0.937

DeutscheBank 4 6.912 7,610 43 2 7.271 -0.359

HSBC 5 5.196 5,721 45 7 4.766 0.430

Barclays 6 4.880 5,373 41 9 3.955 0.925

CreditSuisse 7 4.669 5,141 32 5 5.872 -1.203

Natixis 8 3.878 4,270 37 15 3.485 0.393



INGGroep 11 3.234 3,560 45 11 3.801 -0.567

UniCredit 12 3.191 3,514 38 8 4.178 -0.987



MorganStanley 15 2.612 2,876 26 12 3.796 -1.184

UBS 16 2.499 2,751 22 14 3.515 -1.016

Citi 17 2.496 2,748 21 18 1.828 0.668


DNBASA 19 2.376 2,616 8 33 0.527 1.849

NatWestMarkets 20 1.923 2,117 21 22 1.490 0.433

TOTAL 100% 110,099 247 100%

EMEASponsor-ledLeveragedLoans(MandatedLeadArranger)FY2018 FY2017


JPMorgan 1 6.838 8,226 48 1 6.946 -0.108

BNPParibas 2 6.794 8,173 79 3 6.027 0.767

DeutscheBank 3 6.695 8,053 49 2 6.890 -0.195

GoldmanSachs 4 6.201 7,459 52 5 5.452 0.749

HSBC 5 5.070 6,098 54 6 4.656 0.414

Barclays 6 4.418 5,314 49 9 3.881 0.537

CreditSuisse 7 4.387 5,277 36 4 5.800 -1.413

INGGroep 8 3.544 4,263 65 11 3.623 -0.079

Natixis 9 3.411 4,103 46 15 3.171 0.240


UniCredit 11 3.204 3,854 50 10 3.709 -0.505




Citi 15 2.572 3,094 26 18 1.779 0.793


UBS 17 2.263 2,722 22 13 3.474 -1.211

MorganStanley 18 2.061 2,479 27 12 3.592 -1.531

NatWestMarkets 19 2.000 2,406 27 20 1.639 0.361

Rabobank 20 1.873 2,253 22 19 1.682 0.191

TOTAL 100% 120,289 297 100%

EuropeCorporateLoans(Bookrunner)FY2018 FY2017


BNPParibas 1 8.543 33,882 170 2 6.118 2.425


UniCredit 3 5.739 22,761 128 6 5.125 0.614


INGGroep 5 4.492 17,815 93 9 4.287 0.205

Commerzbank 6 4.471 17,731 131 8 4.297 0.174

JPMorgan 7 4.442 17,618 42 14 2.673 1.769

HSBC 8 4.227 16,764 110 1 7.546 -3.319

Citi 9 3.848 15,260 55 13 2.754 1.094

BancoSantander 10 3.416 13,550 97 11 3.172 0.244

DeutscheBank 11 3.080 12,214 58 7 4.481 -1.401

Natixis 12 2.980 11,819 68 23 1.264 1.716


Barclays 14 2.716 10,772 49 4 5.279 -2.563



NatWestMarkets 17 2.275 9,024 49 16 2.268 0.007

IntesaSanpaolo 18 2.135 8,467 43 17 2.038 0.097


GoldmanSachs 20 1.679 6,660 18 37 0.616 1.063

TOTAL 100% 396,600 548 100%

EuropeCorporateLoans(MandatedLeadArranger)FY2018 FY2017


BNPParibas 1 7.145 31,736 265 2 5.468 1.677


UniCredit 3 4.732 21,018 178 6 3.937 0.795

HSBC 4 4.417 19,622 189 1 5.840 -1.423

Commerzbank 5 4.111 18,261 193 5 4.013 0.098


INGGroep 7 3.649 16,209 147 3 4.210 -0.561

BancoSantander 8 3.028 13,452 152 8 3.600 -0.572

JPMorgan 9 3.002 13,333 72 14 2.862 0.140

DeutscheBank 10 2.741 12,176 102 12 2.953 -0.212

NatWestMarkets 11 2.658 11,808 98 10 3.170 -0.512

Barclays 12 2.571 11,420 90 9 3.482 -0.911

Citi 13 2.531 11,243 85 15 2.671 -0.140



IntesaSanpaolo 16 2.418 10,739 73 19 1.833 0.585


Natixis 18 2.365 10,504 96 20 1.788 0.577



TOTAL 100% 444,203 694 100%



WesternEuropeLoans(Bookrunner)FY2018 FY2017


BNPParibas 1 7.514 50,956 284 2 5.971 1.543


UniCredit 3 5.190 35,196 203 9 4.191 0.999

JPMorgan 4 4.644 31,492 121 8 4.241 0.403


HSBC 6 4.459 30,240 191 1 6.638 -2.179

INGGroep 7 4.388 29,760 204 10 4.098 0.290

DeutscheBank 8 4.233 28,704 128 3 5.559 -1.326

Citi 9 4.077 27,647 121 12 2.710 1.367

Commerzbank 10 3.276 22,219 160 11 3.137 0.139

Natixis 11 3.255 22,071 130 13 2.671 0.584

BancoSantander 12 2.907 19,711 143 16 2.145 0.762

Barclays 13 2.813 19,073 113 6 4.529 -1.716




GoldmanSachs 17 2.485 16,855 78 15 2.293 0.192


NatWestMarkets 19 1.862 12,629 86 19 1.838 0.024

CreditSuisse 20 1.675 11,356 67 14 2.644 -0.969

TOTAL 100% 678,142 1,077 100%

WesternEuropeLoans(MandatedLeadArranger)FY2018 FY2017


BNPParibas 1 6.631 52,427 456 2 5.459 1.172


HSBC 3 4.416 34,912 302 1 5.622 -1.206

UniCredit 4 4.159 32,884 290 8 3.473 0.686

DeutscheBank 5 4.028 31,843 196 4 4.206 -0.178

INGGroep 6 3.948 31,212 326 3 4.209 -0.261


JPMorgan 8 3.537 27,964 169 6 3.908 -0.371

Commerzbank 9 3.155 24,943 249 10 3.039 0.116

Citi 10 3.041 24,046 177 12 2.678 0.363

Barclays 11 2.740 21,659 177 9 3.340 -0.600


Natixis 13 2.545 20,123 187 14 2.570 -0.025

BancoSantander 14 2.492 19,704 226 13 2.642 -0.150



NatWestMarkets 17 2.292 18,117 164 16 2.361 -0.069

GoldmanSachs 18 2.067 16,342 100 18 2.157 -0.090


CreditSuisse 20 1.837 14,521 91 17 2.206 -0.369

TOTAL 100% 790,619 1,414 100%

Central&EasternEuropeanBorrowerLoans(Bookrunner)FY2018 FY2017


UniCredit 1 11.739 2,931 29 2 9.150 2.589

INGGroep 2 8.632 2,155 27 1 11.839 -3.207


DeutscheBank 4 6.670 1,665 11 10 2.752 3.918


IntesaSanpaolo 6 5.383 1,344 6 62 0.081 5.302


Commerzbank 8 4.327 1,080 11 4 5.127 -0.800

StandardCharteredBank 9 3.644 910 13 13 2.579 1.065

BNPParibas 10 3.414 852 10 9 2.894 0.520


Citi 12 2.614 653 12 5 4.975 -2.361

EmiratesNBDPJSC 13 2.259 564 10 17 1.974 0.285


GoldmanSachs 15 2.141 534 3 35 0.749 1.392

Industrial&CommBankofChina 16 1.698 424 6 21 1.668 0.030

BankofChina 17 1.682 420 3 15 2.540 -0.858

HSBC 18 1.585 396 6 14 2.574 -0.989


Natixis 20 1.406 351 3 25 1.187 0.219

TOTAL 100% 24,965 65 100%

Central&EasternEuropeanBorrowerLoans(MandatedLeadArranger)FY2018 FY2017


INGGroep 1 10.107 3,909 49 1 8.571 1.536

UniCredit 2 8.528 3,298 40 2 5.803 2.725

DeutscheBank 3 6.287 2,431 18 17 1.897 4.390


IntesaSanpaolo 5 3.658 1,415 10 16 1.935 1.723

Commerzbank 6 3.626 1,402 20 5 4.046 -0.420

Citi 7 3.244 1,254 19 4 4.536 -1.292


BNPParibas 9 3.026 1,170 18 10 2.419 0.607


RaiffeisenBankInternationalGroup 11 2.410 932 19 7 2.859 -0.449

StandardCharteredBank 12 2.378 920 16 9 2.554 -0.176

CreditAgricoleCIB 13 2.349 908 12 15 1.980 0.369

TurkiyeGarantiBankasiAS 14 2.193 848 14 20 1.703 0.490

ErsteGroupBank 15 2.086 807 12 18 1.773 0.313

HSBC 16 2.075 803 11 6 3.260 -1.185

GoldmanSachs 17 1.998 773 6 40 0.784 1.214

SumitomoMitsuiFinancial 18 1.986 768 12 8 2.643 -0.657


BankofChina 20 1.570 607 6 23 1.555 0.015

TOTAL 100% 38,673 106 100%



NordicLoans(Bookrunner)FY2018 FY2017


Nordea 1 16.023 6,432 53 2 10.863 5.160

DNBASA 2 11.307 4,539 22 5 6.491 4.816

SEB 3 8.623 3,461 29 4 7.587 1.036

DanskeBank 4 6.569 2,637 26 3 8.167 -1.598

Barclays 5 4.697 1,885 7 1 21.685 -16.988

Citi 6 4.693 1,884 8 21 1.257 3.436

BNPParibas 7 4.198 1,685 11 6 4.317 -0.119

HSBC 8 4.097 1,645 5 13 1.667 2.430

JPMorgan 9 4.010 1,610 10 12 1.963 2.047

Swedbank 10 3.052 1,225 9 14 1.646 1.406

INGGroep 11 2.889 1,160 13 15 1.637 1.252

SvenskaHandelsbanken 12 2.485 998 9 10 2.346 0.139

GoldmanSachs 13 1.934 777 5 16 1.568 0.366

DeutscheBank 14 1.897 762 5 7 3.915 -2.018

OPCooperative 15 1.786 717 8 17 1.404 0.382

BankofChina 16 1.693 680 5 42 0.132 1.561

Macquarie 17 1.379 554 1 - - 1.379


ABNAmroBankNV 19 1.078 433 3 27 0.843 0.235

CreditSuisse 20 1.024 411 5 24 0.894 0.130

TOTAL 100% 40,139 92 100%

NordicLoans(MandatedLeadArranger)FY2018 FY2017


Nordea 1 14.819 8,867 90 1 12.586 2.233

SEB 2 10.312 6,171 59 3 9.070 1.242

DanskeBank 3 10.121 6,056 66 2 10.043 0.078

DNBASA 4 6.535 3,911 40 4 6.554 -0.019

BNPParibas 5 4.091 2,448 19 5 4.263 -0.172

HSBC 6 4.040 2,418 9 15 2.128 1.912

Barclays 7 3.655 2,187 9 8 3.502 0.153

JPMorgan 8 3.498 2,093 12 18 1.925 1.573

Citi 9 3.369 2,016 12 17 1.945 1.424

Swedbank 10 3.316 1,984 26 7 3.776 -0.460

INGGroep 11 2.690 1,610 20 14 2.130 0.560

DeutscheBank 12 2.370 1,418 9 13 2.327 0.043

SvenskaHandelsbanken 13 2.294 1,373 18 6 3.927 -1.633

NykreditBankA/S 14 2.274 1,361 11 24 1.233 1.041

NatWestMarkets 15 1.834 1,098 12 9 2.983 -1.149



OPCooperative 18 1.458 872 15 19 1.744 -0.286

GoldmanSachs 19 1.298 777 5 25 1.159 0.139

UniCredit 20 1.228 735 8 10 2.850 -1.622

TOTAL 100% 59,839 144 100%

Russia&CISBorrowerLoans(Bookrunner)FY2018 FY2017


INGGroep 1 16.089 1,470 13 1 15.738 0.351

DeutscheBank 2 12.772 1,167 3 10 3.045 9.727

UniCredit 3 9.456 864 8 2 11.411 -1.955




Commerzbank 7 5.109 467 2 4 7.681 -2.572

Natixis 8 4.565 417 3 12 2.936 1.629

BankofChina 9 3.649 333 1 11 2.946 0.703

IntesaSanpaolo 9 3.649 333 1 - - 3.649


AlfaBank 12 3.028 277 4 23 0.642 2.386


Nordea 14 1.713 156 3 6 5.763 -4.050

Citi 15 1.476 135 3 13 2.855 -1.379

HSBC 16 1.173 107 1 22 1.256 -0.083

RaiffeisenBankInternationalGroup 17 0.644 59 1 24 0.634 0.010

EuropeanBankforReconstruct&Dev 18 0.625 57 2 9 3.108 -2.483

DZBank 19 0.578 53 1 - - 0.578

ABNAmroBankNV 20 0.460 42 1 - - 0.460

TOTAL 100% 9,133 24 100%

Russia&CISBorrowerLoans(MandatedLeadArranger)FY2018 FY2017


DeutscheBank 1 16.567 1,709 7 25 1.415 15.152

INGGroep 2 13.798 1,423 18 1 11.043 2.755

UniCredit 3 11.723 1,209 14 2 8.574 3.149

SocieteGenerale 4 9.083 937 13 5 5.378 3.705



Natixis 7 4.584 473 5 12 3.120 1.464

Commerzbank 8 3.720 384 4 4 5.414 -1.694

Citi 9 2.763 285 4 9 4.286 -1.523

RaiffeisenBankInternationalGroup 10 2.655 274 6 7 4.607 -1.952

AlfaBank 11 2.478 256 4 33 0.498 1.980

BankofChina 12 2.395 247 2 15 2.717 -0.322

Industrial&CommBankofChina 12 2.395 247 2 13 2.957 -0.562

IntesaSanpaolo 14 2.240 231 3 3 5.517 -3.277

HoldingGroupAlmexJSC 15 1.939 200 1 - - 1.939

Nordea 16 1.925 198 4 10 4.206 -2.281


BancoSantander 18 1.456 150 1 - - 1.456

Rabobank 19 1.188 122 3 27 1.081 0.107

BNPParibas 20 1.138 117 3 21 1.586 -0.448

TOTAL 100% 10,313 29 100%



BeneluxBorrowerLoans(Bookrunner)FY2018 FY2017


DeutscheBank 1 10.958 11,113 27 1 9.644 1.314

BNPParibas 2 8.191 8,307 47 4 6.443 1.748

INGGroep 3 8.175 8,291 61 2 7.470 0.705

JPMorgan 4 5.607 5,687 24 3 7.187 -1.580

HSBC 5 5.606 5,685 29 5 5.815 -0.209

Rabobank 6 4.240 4,300 34 8 4.596 -0.356


CreditSuisse 8 3.777 3,831 18 6 5.108 -1.331

GoldmanSachs 9 3.761 3,814 26 7 4.698 -0.937



ABNAmroBankNV 12 3.511 3,561 25 9 3.788 -0.277

Citi 13 3.048 3,091 21 12 3.213 -0.165

Barclays 14 2.868 2,908 15 13 3.039 -0.171

UniCredit 15 2.457 2,492 15 26 0.785 1.672

Natixis 16 2.154 2,184 14 22 1.075 1.079

NatWestMarkets 17 2.143 2,173 18 35 0.507 1.636



KBCGroup 20 1.594 1,616 11 27 0.774 0.820

TOTAL 100% 101,416 144 100%

BeneluxBorrowerLoans(MandatedLeadArranger)FY2018 FY2017


DeutscheBank 1 9.957 11,716 41 1 8.508 1.449

BNPParibas 2 7.269 8,554 70 4 5.985 1.284

INGGroep 3 6.133 7,216 85 3 6.099 0.034

JPMorgan 4 5.051 5,943 29 2 6.884 -1.833

HSBC 5 4.437 5,221 41 6 4.590 -0.153

Rabobank 6 4.112 4,838 52 9 3.714 0.398

BankofChina 7 4.081 4,803 10 14 2.793 1.288

GoldmanSachs 8 3.685 4,336 31 8 3.861 -0.176

CreditSuisse 9 3.431 4,037 22 5 5.006 -1.575

ABNAmroBankNV 10 3.426 4,031 45 11 3.249 0.177



Citi 13 2.668 3,140 29 7 3.883 -1.215


NatWestMarkets 15 2.484 2,923 29 31 0.816 1.668

Barclays 16 2.302 2,709 20 13 2.906 -0.604

UniCredit 17 2.106 2,478 22 28 0.860 1.246

Natixis 18 1.936 2,278 17 21 1.541 0.395

Commerzbank 19 1.615 1,900 21 23 1.257 0.358

RBCCapitalMarkets 20 1.438 1,692 14 19 1.642 -0.204

TOTAL 100% 117,667 185 100%

GermanBorrowerLoans(Bookrunner)FY2018 FY2017


Commerzbank 1 12.025 14,457 85 1 12.330 -0.305

UniCredit 2 9.874 11,871 63 2 9.896 -0.022

BNPParibas 3 8.953 10,764 25 13 2.912 6.041

JPMorgan 4 5.907 7,102 11 3 9.131 -3.224

DeutscheBank 5 5.302 6,374 40 4 7.154 -1.852

LandesbankBaden-Wuerttemberg 6 5.004 6,016 34 10 3.464 1.540

HSBC 7 3.429 4,122 17 7 4.598 -1.169

Citi 8 3.323 3,995 11 6 4.660 -1.337


INGGroep 10 2.788 3,352 14 12 3.037 -0.249


Barclays 12 1.989 2,391 9 19 1.657 0.332


BayernLB 14 1.833 2,203 15 14 2.618 -0.785



CreditSuisse 17 1.713 2,060 7 22 1.333 0.380

BancoSantander 18 1.567 1,884 6 34 0.362 1.205

GoldmanSachs 19 1.533 1,843 7 9 3.728 -2.195

ABNAmroBankNV 20 1.475 1,773 6 37 0.271 1.204

TOTAL 100% 120,225 162 100%

GermanBorrowerLoans(MandatedLeadArranger)FY2018 FY2017


Commerzbank 1 10.367 13,165 117 1 9.054 1.313

UniCredit 2 8.141 10,338 83 2 7.221 0.920

DeutscheBank 3 5.501 6,985 57 4 6.803 -1.302

LandesbankBaden-Wuerttemberg 4 4.855 6,165 58 5 4.311 0.544

BNPParibas 5 4.655 5,912 39 9 3.234 1.421

INGGroep 6 4.009 5,092 27 6 3.573 0.436

JPMorgan 7 3.556 4,515 14 3 6.972 -3.416

HSBC 8 3.367 4,276 32 12 3.062 0.305

Citi 9 3.130 3,974 14 8 3.348 -0.218



DZBank 12 2.876 3,652 44 18 2.037 0.839

BayernLB 13 2.729 3,466 36 13 3.000 -0.271


Barclays 15 2.208 2,804 12 15 2.423 -0.215


NatWestMarkets 17 1.770 2,248 8 17 2.258 -0.488

SEB 18 1.694 2,151 15 26 1.254 0.440

LandesbankHessen-ThuringenGirozentrale 19 1.679 2,133 16 16 2.375 -0.696


TOTAL 100% 126,989 177 100%



MENABorrowerLoans(Bookrunner)FY2018 FY2017



HSBC 2 7.158 6,548 20 2 7.674 -0.516


Citi 4 6.492 5,938 19 4 4.674 1.818





JPMorgan 9 4.213 3,854 9 9 3.518 0.695

EmiratesNBDPJSC 10 3.237 2,961 17 25 1.478 1.759


BNPParibas 12 2.608 2,386 5 56 0.139 2.469

MashreqbankPSC 13 2.579 2,359 13 19 1.888 0.691

Industrial&CommBankofChina 14 2.329 2,130 5 6 3.931 -1.602

DubaiIslamicBank 15 2.102 1,923 7 15 2.596 -0.494

BanqueMisrSAE 16 1.996 1,826 18 11 2.977 -0.981

BankofChina 17 1.964 1,797 3 36 0.548 1.416

NationalBankofEgypt 18 1.898 1,736 18 12 2.841 -0.943

AbuDhabiCommercialBank 19 1.467 1,342 8 7 3.747 -2.280

CommercialInternationalBankofEgypt 20 1.200 1,097 9 18 1.989 -0.789

TOTAL 100% 91,471 114 100%

MENABorrowerLoans(MandatedLeadArranger)FY2018 FY2017


HSBC 1 6.470 7,579 34 1 6.432 0.038



Citi 4 4.836 5,665 25 5 3.356 1.480





BNPParibas 9 3.252 3,810 11 20 1.690 1.562

JPMorgan 10 2.689 3,151 10 19 1.715 0.974

BankofChina 11 2.571 3,012 7 40 0.747 1.824



GoldmanSachs 14 2.050 2,401 5 49 0.587 1.463


SambaCapital 16 1.940 2,273 12 10 2.507 -0.567

MashreqbankPSC 17 1.880 2,202 25 37 0.922 0.958


NationalBankofKuwait 19 1.830 2,144 11 53 0.461 1.369


TOTAL 100% 117,146 147 100%

GCCBorrowerLoans(Bookrunner)FY2018 FY2017





Citi 4 6.910 5,553 15 4 5.301 1.609

HSBC 5 6.643 5,339 16 2 8.798 -2.155




JPMorgan 9 4.795 3,854 9 9 4.033 0.762



BNPParibas 12 2.968 2,386 5 50 0.160 2.808



BankofChina 15 2.236 1,797 3 31 0.628 1.608

MashreqbankPSC 16 2.196 1,765 8 15 2.164 0.032


SambaCapital 18 1.356 1,090 5 33 0.483 0.873

NationalBankofKuwait 19 1.042 837 2 38 0.372 0.670

Natixis 20 0.948 762 4 20 1.752 -0.804

TOTAL 100% 80,368 82 100%

GCCBorrowerLoans(MandatedLeadArranger)FY2018 FY2017


HSBC 1 6.729 7,078 28 1 7.237 -0.508




Citi 5 5.080 5,344 21 6 3.452 1.628




BNPParibas 9 3.622 3,810 11 17 1.902 1.720

JPMorgan 10 2.995 3,151 10 16 1.930 1.065

BankofChina 11 2.863 3,012 7 34 0.840 2.023



GoldmanSachs 14 2.283 2,401 5 44 0.660 1.623

SambaCapital 15 2.161 2,273 12 10 2.821 -0.660




NationalBankofKuwait 19 1.901 1,999 9 47 0.519 1.382

MashreqbankPSC 20 1.781 1,873 20 32 1.038 0.743

TOTAL 100% 105,185 110 100%



AfricaBorrowerLoans(Bookrunner)FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%) MktShareChg(%)

StandardCharteredBank 1 5.991 2,183 15 2 7.487 -1.496

AfricanExport-ImportBank 2 5.473 1,995 8 25 1.210 4.263

BanqueMisrSAE 3 5.009 1,826 18 3 5.481 -0.472

NationalBankofEgypt 4 4.763 1,736 18 4 5.291 -0.528

FirstRandLtd 5 4.760 1,735 3 16 2.518 2.242

Citi 6 4.517 1,646 13 28 1.071 3.446

HSBC 7 4.018 1,464 7 22 1.418 2.600

CommercialInternationalBankofEgypt 8 3.011 1,097 9 10 3.704 -0.693


BNPParibas 10 2.488 907 6 8 4.314 -1.826

FirstAbuDhabiBankPJSC 11 2.466 899 10 19 2.117 0.349

MitsubishiUFJFinancialGroupInc 12 2.452 894 7 15 2.694 -0.242

MashreqbankPSC 13 2.409 878 9 35 0.691 1.718

EasternandSouthernAfricanTradeandDevel

14 2.321 846 2 21 1.569 0.752

StandardBankofSouthAfrica 15 2.273 828 4 12 2.821 -0.548

NedbankLtd 16 2.271 828 3 32 0.778 1.493

JPMorgan 17 2.237 815 7 46 0.288 1.949


BankofChina 19 2.117 772 5 11 3.142 -1.025


TOTAL 100% 36,446 69 100%

AfricaBorrowerLoans(MandatedLeadArranger)FY2018 FY2017


StandardBankofSouthAfrica 1 5.665 2,447 21 1 4.920 0.745



AbsaGroupLtd 4 4.031 1,741 16 - - 4.031

BanqueMisrSAE 5 3.539 1,529 20 5 3.446 0.093

NationalBankofEgypt 6 3.452 1,491 19 6 3.367 0.085

FirstRandLtd 7 3.421 1,478 8 3 4.291 -0.870

NedbankLtd 8 3.230 1,395 12 27 1.487 1.743

Citi 9 3.191 1,378 14 10 2.799 0.392

CommercialInternationalBankofEgypt 10 2.541 1,098 13 20 2.002 0.539


JPMorgan 12 2.243 969 10 23 1.768 0.475

HSBC 13 2.156 931 11 18 2.063 0.093



BNPParibas 16 1.832 791 6 4 3.883 -2.051


Natixis 18 1.659 717 3 21 1.873 -0.214


Commerzbank 20 1.585 684 9 30 1.444 0.141

TOTAL 100% 43,192 103 100%

Sub-SaharaAfricaBorrowerLoans(Bookrunner)FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%) MktShareChg(%)



FirstRandLtd 3 6.713 1,735 3 12 3.303 3.410

Citi 4 5.268 1,361 10 24 1.284 3.984


BNPParibas 6 3.509 907 6 5 5.661 -2.152


EasternandSouthernAfricanTradeandDevel

8 3.274 846 2 15 2.059 1.215

StandardBankofSouthAfrica 9 3.206 828 4 8 3.702 -0.496

NedbankLtd 10 3.203 828 3 27 1.020 2.183

JPMorgan 11 3.155 815 7 40 0.378 2.777


BankofChina 13 2.986 772 5 7 4.123 -1.137



ABNAmroBankNV 16 1.983 513 2 - - 1.983

Barclays 17 1.921 496 3 23 1.319 0.602

AbsaGroupLtd 18 1.852 479 3 - - 1.852

UniCredit 19 1.745 451 3 34 0.673 1.072

INGGroep 20 1.502 388 5 46 0.151 1.351

TOTAL 100% 25,843 38 100%

Sub-SaharaAfricaBorrowerLoans(MandatedLeadArranger)FY2018 FY2017


StandardBankofSouthAfrica 1 7.683 2,447 21 1 6.009 1.674



AbsaGroupLtd 4 5.468 1,741 16 - - 5.468

FirstRandLtd 5 4.639 1,478 8 3 5.240 -0.601

NedbankLtd 6 4.380 1,395 12 22 1.816 2.564

Citi 7 3.633 1,157 11 12 2.812 0.821

JPMorgan 8 3.042 969 10 18 2.160 0.882


BNPParibas 10 2.485 791 6 4 4.743 -2.258






Commerzbank 16 1.957 623 8 24 1.763 0.194

BankofChina 17 1.757 559 7 10 3.241 -1.484

IntesaSanpaolo 18 1.739 554 4 26 1.570 0.169

Natixis 19 1.727 550 2 17 2.287 -0.560

Barclays 20 1.577 502 4 8 3.293 -1.716

TOTAL 100% 31,847 68 100%



EMEAIslamicFinancing(Bookrunner)FY2018 FY2017



CreditAgricoleCIB 2 6.798 1,330 3 - - 6.798

MashreqbankPSC 3 6.582 1,288 10 7 3.537 3.045





Citi 8 4.701 920 5 11 2.480 2.221

HSBC 9 4.322 846 3 14 2.114 2.208

JPMorgan 10 4.169 816 2 21 1.136 3.033


SumitomoMitsuiFinancial 12 4.005 784 2 - - 4.005

BankofChina 13 3.909 765 1 21 1.136 2.773

NoorBank 14 3.043 596 7 3 11.610 -8.567

KuwaitFinanceHouse 15 2.959 579 2 - - 2.959


AbuDhabiIslamicBank 17 2.437 477 3 2 14.536 -12.099

Al-RajhiBanking&InvestmentCorp 18 2.251 440 1 - - 2.251

ArabNationalBank 18 2.251 440 1 17 1.321 0.930

BanqueSaudiFransi 18 2.251 440 1 - - 2.251

TOTAL 100% 19,570 41 100%

EMEAIslamicFinancing(MandatedLeadArranger)FY2018 FY2017


DubaiIslamicBank 1 8.518 2,222 14 3 8.070 0.448

HSBC 2 4.842 1,263 8 4 5.657 -0.815

KuwaitFinanceHouse 3 4.437 1,158 7 46 0.199 4.238



BNPParibas 6 3.493 911 4 - - 3.493

MashreqbankPSC 7 3.437 897 14 16 1.992 1.445


Al-RajhiBanking&InvestmentCorp 9 3.093 807 7 9 3.853 -0.760

FirstAbuDhabiBankPJSC 10 3.041 793 12 20 1.411 1.630


Citi 12 2.728 712 4 23 0.955 1.773



JPMorgan 15 2.581 673 2 18 1.473 1.108


NoorBank 17 2.491 650 11 6 5.619 -3.128

BankofChina 18 2.465 643 2 33 0.570 1.895

GoldmanSachs 19 2.444 638 1 - - 2.444

ArabNationalBank 20 2.224 580 5 10 3.541 -1.317

TOTAL 100% 26,089 57 100%

SpainBorrowerLoans(Bookrunner)FY2018 FY2017


BancoSantander 1 18.284 9,210 87 1 17.339 0.945

LaCaixa 2 9.309 4,689 40 3 10.276 -0.967



BNPParibas 5 4.760 2,398 16 12 3.204 1.556



BancoSabadell 8 2.628 1,324 19 9 3.653 -1.025

Bankia 9 2.589 1,304 19 4 5.617 -3.028

NatWestMarkets 10 2.426 1,222 5 18 1.201 1.225

INGGroep 11 2.396 1,207 12 15 1.922 0.474

DeutscheBank 12 2.389 1,203 4 19 1.171 1.218

Citi 13 2.346 1,182 6 16 1.752 0.594


UniCredit 15 2.042 1,029 4 32 0.415 1.627

GoldmanSachs 16 1.925 970 4 7 4.191 -2.266

Barclays 17 1.883 949 6 22 0.815 1.068

JPMorgan 18 1.883 948 5 17 1.485 0.398


HSBC 20 1.827 920 5 5 5.179 -3.352

TOTAL 100% 50,371 144 100%

SpainBorrowerLoans(MandatedLeadArranger)FY2018 FY2017


BancoSantander 1 11.572 6,660 119 1 12.351 -0.779

LaCaixa 2 8.157 4,695 92 3 9.665 -1.508


BancoSabadell 4 5.036 2,899 63 5 5.276 -0.240

Bankia 5 4.949 2,849 72 4 6.092 -1.143



BNPParibas 8 4.343 2,500 27 8 4.067 0.276


DeutscheBank 10 2.517 1,449 12 22 1.191 1.326

Barclays 11 2.293 1,320 13 20 1.300 0.993


Citi 13 2.065 1,189 8 17 1.593 0.472

IntesaSanpaolo 14 2.055 1,183 8 21 1.264 0.791

INGGroep 15 1.987 1,143 19 13 2.979 -0.992

Commerzbank 16 1.982 1,141 8 26 0.658 1.324

HSBC 17 1.941 1,117 13 6 4.591 -2.650

NatWestMarkets 18 1.836 1,057 9 19 1.390 0.446

CreditSuisse 19 1.821 1,048 5 33 0.392 1.429

UniCredit 20 1.750 1,007 6 24 0.887 0.863

TOTAL 100% 57,554 183 100%



EMEAGreenLoans(Bookrunner)FY2018 FY2017


BNPParibas 1 12.846 1,203 5 10 3.659 9.187

BancoSantander 2 10.530 986 7 1 13.678 -3.148

INGGroep 3 7.130 668 4 - - 7.130


BancoBilbaoVizcayaArgentaria 5 5.083 476 5 12 3.309 1.774

LaCaixa 6 4.720 442 5 9 5.299 -0.579

Natixis 7 4.588 430 2 22 0.430 4.158


CassaDepositiePrestitiSpA 9 3.759 352 2 - - 3.759

IntesaSanpaolo 9 3.759 352 2 10 3.659 0.100

UniCredit 11 3.275 307 3 22 0.430 2.845


Commerzbank 13 2.217 208 1 - - 2.217

Industrial&CommBankofChina 13 2.217 208 1 - - 2.217


13 2.217 208 1 17 2.176 0.041



NationalAustraliaBank 13 2.217 208 1 13 2.702 -0.485

NorinchukinBank 13 2.217 208 1 - - 2.217

SumitomoMitsuiTrustHoldingsInc 13 2.217 208 1 - - 2.217

TOTAL 100% 9,364 21 100%

EMEAGreenLoans(MandatedLeadArranger)FY2018 FY2017


INGGroep 1 6.435 1,581 14 5 4.747 1.688

BNPParibas 2 5.866 1,441 14 3 6.428 -0.562


SumitomoMitsuiFinancial 4 5.119 1,257 9 2 6.942 -1.823


BancoSantander 6 4.830 1,186 14 1 8.568 -3.738

AbsaGroupLtd 7 4.403 1,082 6 - - 4.403


Natixis 9 3.451 848 8 6 3.805 -0.354

LaCaixa 10 2.863 703 9 9 2.729 0.134

Rabobank 11 2.473 608 4 10 2.410 0.063

NedbankLtd 12 2.423 595 3 - - 2.423

KreditanstaltfuerWiederaufbau 13 2.312 568 4 15 2.169 0.143

LandesbankHessen-ThuringenGirozentrale 14 2.060 506 3 18 1.755 0.305

BancoBilbaoVizcayaArgentaria 15 1.873 460 5 20 1.619 0.254

LandesbankBaden-Wuerttemberg 16 1.860 457 3 - - 1.860

Commerzbank 17 1.857 456 3 30 0.996 0.861


UniCredit 19 1.763 433 6 21 1.617 0.146

ABNAmroBankNV 20 1.708 419 4 23 1.405 0.303

TOTAL 100% 24,563 54 100%

EMEAAcquisitionLoans(Bookrunner)FY2018 FY2017


BNPParibas 1 9.520 18,166 76 3 7.539 1.981

JPMorgan 2 7.684 14,661 38 7 3.899 3.785

Barclays 3 5.133 9,795 40 2 7.911 -2.778

UniCredit 4 4.597 8,771 46 10 3.450 1.147

GoldmanSachs 5 4.472 8,533 36 18 1.721 2.751

Citi 6 4.393 8,382 22 15 2.115 2.278

DeutscheBank 7 4.278 8,162 38 6 6.549 -2.271


HSBC 9 4.013 7,657 49 1 8.996 -4.983




Natixis 13 2.895 5,523 36 14 2.176 0.719

INGGroep 14 2.635 5,027 44 12 2.469 0.166

CreditSuisse 15 2.572 4,909 31 9 3.504 -0.932

LloydsBank 16 2.265 4,323 14 22 1.273 0.992

MorganStanley 17 2.177 4,155 22 21 1.421 0.756

BancoSantander 18 2.132 4,069 25 24 1.193 0.939

NatWestMarkets 19 1.887 3,600 26 19 1.664 0.223

Commerzbank 20 1.808 3,450 9 11 2.869 -1.061

TOTAL 100% 190,811 259 100%

EMEAAcquisitionLoans(MandatedLeadArranger)FY2018 FY2017


BNPParibas 1 8.188 17,064 123 2 5.474 2.714

JPMorgan 2 4.935 10,283 46 6 3.686 1.249

HSBC 3 4.926 10,264 70 1 6.528 -1.602

Barclays 4 4.557 9,497 58 5 4.052 0.505

UniCredit 5 4.194 8,740 67 10 3.287 0.907


CreditSuisse 7 3.851 8,025 41 18 2.328 1.523


DeutscheBank 9 3.614 7,532 49 7 3.478 0.136

INGGroep 10 3.484 7,259 71 4 4.267 -0.783


Citi 12 2.882 6,005 36 14 2.824 0.058

NatWestMarkets 13 2.694 5,614 44 13 2.867 -0.173

Natixis 14 2.667 5,558 53 19 2.209 0.458

GoldmanSachs 15 2.571 5,358 41 22 1.904 0.667

MorganStanley 16 2.415 5,032 29 27 1.314 1.101

BancoSantander 17 2.343 4,883 35 15 2.575 -0.232

Commerzbank 18 2.216 4,617 29 11 3.208 -0.992



TOTAL 100% 208,387 318 100%



EMEALeveragedAcquisitionLoans(Bookrunner)FY2018 FY2017


BNPParibas 1 6.202 4,696 46 1 7.984 -1.782

DeutscheBank 2 6.133 4,643 34 2 6.734 -0.601

GoldmanSachs 3 5.776 4,373 31 8 4.897 0.879

Barclays 4 5.693 4,310 32 6 4.960 0.733

HSBC 5 5.199 3,936 35 4 5.982 -0.783



JPMorgan 8 4.625 3,502 27 7 4.944 -0.319

CreditSuisse 9 4.513 3,417 27 3 6.044 -1.531


INGGroep 11 3.425 2,594 31 9 3.930 -0.505

MorganStanley 12 3.309 2,505 20 15 2.748 0.561


Natixis 14 3.262 2,470 25 10 3.795 -0.533

UniCredit 15 3.061 2,318 25 11 3.357 -0.296

UBS 16 2.841 2,151 16 18 2.189 0.652

Citi 17 2.779 2,104 13 17 2.410 0.369

BancoSantander 18 2.356 1,784 14 31 0.784 1.572

NatWestMarkets 19 2.297 1,739 18 20 1.828 0.469


TOTAL 100% 75,712 169 100%

EMEALeveragedAcquisitionLoans(MandatedLeadArranger)FY2018 FY2017


BNPParibas 1 6.505 5,493 67 1 6.871 -0.366

DeutscheBank 2 5.802 4,900 39 2 6.267 -0.465

HSBC 3 5.318 4,491 41 3 5.923 -0.605

Barclays 4 5.101 4,308 38 7 4.627 0.474


GoldmanSachs 6 4.194 3,542 34 6 4.638 -0.444

CreditSuisse 7 4.194 3,542 30 4 5.789 -1.595


JPMorgan 9 4.081 3,447 29 8 4.005 0.076

INGGroep 10 3.808 3,216 45 9 3.431 0.377


Natixis 12 3.086 2,606 33 13 3.028 0.058

UniCredit 13 2.994 2,529 36 14 2.698 0.296

Citi 14 2.983 2,519 19 17 2.115 0.868


UBS 16 2.513 2,123 16 18 2.031 0.482

NatWestMarkets 17 2.472 2,088 24 19 1.691 0.781

MorganStanley 18 2.180 1,841 20 15 2.502 -0.322

Rabobank 19 2.003 1,692 20 21 1.539 0.464

BancoSantander 20 1.871 1,580 17 33 0.788 1.083

TOTAL 100% 84,451 203 100%

EMEAInvestmentGradeAcquisitionLoans(Bookrunner)FY2018 FY2017


BNPParibas 1 12.536 9,548 9 9 3.784 8.752

JPMorgan 2 12.261 9,338 6 11 3.304 8.957

Citi 3 7.726 5,884 6 14 2.206 5.520

Barclays 4 6.392 4,868 5 1 12.378 -5.986

UniCredit 5 6.124 4,665 14 7 4.073 2.051


GoldmanSachs 7 4.937 3,760 3 42 0.121 4.816

DeutscheBank 8 4.575 3,484 3 4 8.334 -3.759

Commerzbank 9 3.422 2,607 5 6 4.493 -1.071



IntesaSanpaolo 12 2.803 2,135 5 13 2.771 0.032


MorganStanley 14 2.166 1,650 2 24 1.199 0.967

Natixis 15 1.792 1,365 4 - - 1.792

Mediobanca 16 1.685 1,283 3 49 0.002 1.683

BancoSantander 17 1.533 1,168 4 17 1.763 -0.230

CreditSuisse 18 1.508 1,148 3 12 3.019 -1.511

HSBC 19 1.455 1,108 3 2 12.071 -10.616

NatWestMarkets 19 1.455 1,108 3 18 1.601 -0.146

TOTAL 100% 76,164 29 100%

EMEAInvestmentGradeAcquisitionLoans(MandatedLeadArranger)FY2018 FY2017


BNPParibas 1 10.490 8,131 23 11 3.936 6.554

JPMorgan 2 5.824 4,514 8 12 3.782 2.042

UniCredit 3 5.803 4,498 21 5 4.183 1.620

Barclays 4 4.986 3,865 13 7 4.065 0.921


HSBC 6 4.180 3,240 13 1 6.434 -2.254


MorganStanley 8 3.789 2,937 5 30 1.170 2.619


Citi 10 3.537 2,742 10 15 3.248 0.289

INGGroep 11 3.116 2,415 10 6 4.159 -1.043

Commerzbank 12 3.067 2,377 11 4 4.207 -1.140

IntesaSanpaolo 13 2.980 2,310 9 21 1.844 1.136



DeutscheBank 16 2.673 2,072 5 18 2.440 0.233

CreditSuisse 17 2.598 2,014 5 31 0.977 1.621

BancoSantander 18 2.419 1,875 9 10 3.969 -1.550


NatWestMarkets 20 2.264 1,755 7 9 4.055 -1.791

TOTAL 100% 77,512 33 100%

Bloomberg – League Tables Criteria

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

General Guidelines

Credit is based on the total amount of the offering sold to the public. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers; unless full, explicit breakdown of bookrunning is provided by an involved party. Regional and local tables are identifiedbased on factors such as currency, market of issuer and/or country of risk/incorporation.

Fixed Income

All transactions must have a maturity/call/put option of minimum 18 months. Make-whole call and provisional call/put are exempted from this rule. Note: Criteria may vary for some local and/or regional tables. USD denominated 144A/REG S issues are credited 100% to the 144A tranche and 0% to the REG S tranche. Non-USD denominated 144A/REG S issues are credited 100% to the REG S tranche and 0% to the 144A tranche. Self-led transactions are included. New money portions of exchange offers are eligible for credit.

Exclusions: Accredited investor tranches, asset-backed issues, auction note agencies, collateralized bond obligations, collateralized loan obligations, commercial paper, municipal bonds, mortgage-backed issues, remarketed issues, repackaged bonds, government borrowing scheme retained bonds, variable principal redemption issues, variable interest equity-linked issues, and credit linked notes, selling group agency issues, strips, units, warrants, self-led under USD 50 million. Note: Criteria may vary for some local and/or regional tables.

Equities-Linked

Equity-linked transactions: Convertible bonds, convertible preferred stock and exchangeable bonds. Only issues that mature and are callable/puttable in 12 months or longer are included. Make-whole call, provisional call and provisional put are exempted from this rule. Convertible bondswith attached warrants are included. These are defined as synthetic convertibles with the combination of a fixed income instrument and warrants which can be converted into shares. The embedded warrant can be detachable or non-detachable but the bond and the warrant must be sold as a unit, i.e. there cannot be separate book building for the warrant and the bond.

Exclusions: Redemption-linked instruments, reverse convertibles or similar instruments, synthetics convertibles, issues convertible into participation in an underlying fund or investment trust, pre-IPO convertible instruments, certain lower hierarchy titles, i.e. Jr Bookrunner.

Equities

Equity market transactions: Initial public offerings, additional offerings of common stocks, units, and depositary receipts (ADRs, GDRs, etc) and rights offerings.

Exclusions: Non-underwritten/best efforts, privately placed transactions, funds, self-led, preferred offerings, pre-negotiated offerings, certain lower hierarchy titles, i.e. Jr Bookrunner. Note: Criteria may vary for some local and/or regional tables.

Bloomberg – League Tables Criteria

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

Loans

Includes executed syndicated loans transactions. Full credit is awarded to the banks satisfying the highest of the titles. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers. Credit is allocated to amended or amended and restated transactions, where each modification is 100% at the lender’s option and not as a result of events already built into the original credit agreement. Credit is awarded for the following structural changes only: maturity extensions of three months or more, incremental basis for increased in deal size, reduction in pricing, full release of security.

Exclusions: Bilateral transactions, transactions with a maturity of less than three months, loans withdrawn prior to signing, amended orrestated securitizations, receivable and guarantee facilities.

US Municipals

Standard published tables will award deal credit based on true economic credit as reported by the issuer or the bookrunner. In absence ofreported economic credit, 100% will be assigned to the bookrunner.

Dollar value of credit will be assigned based on the percentage allocation reported for economic credit (or designated by the user in a custom table) and applied against the total par value of the bonds issued. Zero coupon bonds (CABS) or intermediate appreciation bonds (convertible CABs) will be included at the market value (accreted value) on the interest accrual date.

All debt issued by municipal issuers will be eligible for league credit. Taxable and tax-exempt debt is eligible for league credit unless a table includes specific tax type criteria. “Tax-exempt” is defined as federally tax-exempt and includes bonds subject to AMT and bonds designated as Bank Qualified.

Each table is provided in three formats. “Economic Credit” displays rankings based on true economic credit allocations of applicable deals. “Left Lead” assigns 100% credit to the bookrunner and 0% to all other syndicate participants. “Deal Count” displays rankings based on deal quantity rather than aggregate economic credit amounts. A “deal” refers to the aggregate series within an issuance led by a particular underwriter or syndicate. For example: a $50 million issuance is split into three series- a $10 million Series A, a $20 million Series B, and a $20 million Series C. Bank 1 is the underwriter of Series A & B, while Bank 2 is the underwriter of Series C. Bank 1 would have one “deal” worth $30 million, and Bank 2 would have one “deal” worth $20 million.

Exclusions: Derivatives, private placements, variable rate preferred securities, municipal commercial paper, and remarketings are excluded from municipal league table eligibility.

The full version of Bloomberg’s League table Standards & Guidelines can be accessed and subscribed to on the Reports tab on

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