EMEA CAPITAL MARKETS LEAGUE TABLES H1 2018 H1 2018
MANAGER RANKINGS EMEA CAPITAL MARKETS
The Bloomberg Capital Markets Tables represent the top arrangers, bookrunners and advisors across a broad array of deal types including loans, bonds, equity and M&A transactions; according to Bloomberg standards.
LEAG
MA
NI LEAG CRL
Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service.
DATA SUBMISSIONS AND QUERIES
Contact Phone Email Americas Paul Bandong +1 609 279 5187 [email protected]
EMEA Azat Davletkhanov +44 20 3525 0123 [email protected]
Asia-Pacific Xin Yu Chen +65 6212 1123 [email protected]
© 2018 Bloomberg Finance L.P. All rights reserved. Bloomberg EMEA Capital Markets | H1 2018
European Bonds: Industry Breakdown EMEA Fixed Income 19%
6% 45% European Bonds
H1 2018 H1 2017 30% Mkt Volume (EUR Deal Prev Prev Mkt Mkt Share Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) HSBC 1 6.754 64,730 352 1 6.585 0.169 Barclays 2 6.341 60,768 296 2 6.126 0.215 Financials 45% JP Morgan 3 5.099 48,864 301 5 4.624 0.475 Government 30% BNP Paribas 4 4.914 47,096 280 3 5.450 -0.536 Consumer Discretionary 6% Deutsche Bank 5 4.417 42,327 278 4 5.015 -0.598 Others 19% Citi 6 3.992 38,257 274 6 4.562 -0.570 Goldman Sachs 7 3.664 35,109 185 8 3.915 -0.251 Societe Generale 8 3.606 34,555 231 10 3.670 -0.064 European Bonds: Manager Rankings History Credit Agricole CIB 9 3.531 33,839 241 7 3.953 -0.422 2018 2017 2016 Bank of America Merrill 10 3.203 30,697 188 9 3.713 -0.510 10 Lynch UniCredit 11 3.050 29,224 223 11 3.134 -0.084 8 ) % (
NatWest Markets 12 3.004 28,787 133 14 2.462 0.542 e
r 6 a h S
UBS 13 2.432 23,304 152 12 2.587 -0.155 t e
k 4 r Credit Suisse 14 2.350 22,524 191 13 2.534 -0.184 a M
Banco Santander 15 2.238 21,443 129 17 1.869 0.369 2 Natixis 16 2.187 20,960 155 18 1.814 0.373 0 i C s n s k it B y a a n C Commerzbank 17 1.992 19,094 137 16 2.076 -0.084 S la rg ib a c o r B H r a e a M P h B P P c J N ts Morgan Stanley 18 1.931 18,505 133 15 2.364 -0.433 u B e D Danske Bank 19 1.790 17,153 230 26 1.169 0.621 RBC Capital Markets 20 1.720 16,481 129 25 1.200 0.520 TOTAL 100% 958,328 3,649 100%
This table consists of debt securities issued by European issuers. This excludes bonds with warrants, convertible securities, credit-linked securities and structured notes. There is a minimum threshold of 18 months for maturities, call or put periods, and EUR 35MM minimum amount for self-led securities. Please see League Table Standards and Guidelines for further details.
Bloomberg League Table Reports Page 1 Bloomberg EMEA Capital Markets | H1 2018
Western European Bonds Eastern European Bonds H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) HSBC 1 6.822 63,702 344 1 6.657 0.165 VTB Capital 1 14.332 6,390 36 1 13.359 0.973 Barclays 2 6.398 59,743 289 2 6.165 0.233 Citi 2 6.513 2,904 16 7 4.563 1.950 BNP Paribas 3 5.048 47,138 277 3 5.918 -0.870 UniCredit 3 6.431 2,868 30 8 4.536 1.895 JP Morgan 4 4.936 46,097 274 6 4.384 0.552 JP Morgan 4 5.970 2,662 22 2 7.475 -1.505 Deutsche Bank 5 4.302 40,173 263 4 4.923 -0.621 Gazprombank 5 5.659 2,523 27 3 7.292 -1.633 Citi 6 3.766 35,164 251 5 4.415 -0.649 Deutsche Bank 6 5.626 2,509 14 9 3.860 1.766 Goldman Sachs 7 3.706 34,609 181 8 3.923 -0.217 Sberbank CIB CJSC 7 5.252 2,342 32 5 5.294 -0.042 Credit Agricole CIB 8 3.624 33,839 241 7 4.050 -0.426 Erste Group Bank 8 4.122 1,838 20 16 2.202 1.920 Societe Generale 9 3.546 33,115 216 10 3.521 0.025 Societe Generale 9 3.789 1,689 14 6 5.103 -1.314 Bank of America Merrill Lynch 10 3.283 30,656 187 9 3.815 -0.532 Raiffeisen Bank International Group 10 3.014 1,344 18 4 6.339 -3.325 NatWest Markets 11 3.083 28,787 133 14 2.541 0.542 ING Groep 11 2.853 1,272 9 10 3.254 -0.401 UniCredit 12 3.009 28,100 195 11 3.294 -0.285 Barclays 12 2.789 1,244 7 12 3.015 -0.226 UBS 13 2.894 27,027 143 13 2.567 0.327 HSBC 13 2.770 1,235 8 13 2.627 0.143 Credit Suisse 14 2.385 22,269 185 12 2.574 -0.189 Sovcombank ICB JSC 14 2.638 1,176 14 15 2.241 0.397 Banco Santander 15 2.267 21,165 126 17 1.991 0.276 PKO Bank Polski SA 15 2.301 1,026 8 23 1.138 1.163 Natixis 16 2.193 20,483 151 19 1.872 0.321 UBS 16 2.212 986 7 21 1.202 1.010 Commerzbank 17 1.974 18,435 129 16 2.067 -0.093 Rosselkhozbank OJSC 17 2.159 963 9 20 1.225 0.934 Morgan Stanley 18 1.960 18,305 129 15 2.404 -0.444 REGION Investment Co 18 1.919 856 11 24 1.104 0.815 Intesa Sanpaolo 19 1.881 17,569 62 18 1.911 -0.030 Commerzbank 19 1.789 798 8 18 1.461 0.328 Danske Bank 20 1.825 17,040 229 26 1.207 0.618 Renaissance Capital Pty Ltd 20 1.602 714 8 19 1.248 0.354 TOTAL 100% 933,812 3,492 100% TOTAL 100% 44,588 161 100%
Western European Corporate High Yield Bonds - Risk Euro & Sterling Corporate & Financial Bonds H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Credit Suisse 1 7.711 2,798 39 6 5.720 1.991 BNP Paribas 1 6.048 31,844 232 1 6.790 -0.742 Deutsche Bank 2 6.869 2,492 35 3 7.199 -0.330 HSBC 2 5.784 30,453 231 4 5.715 0.069 JP Morgan 3 6.776 2,459 34 1 9.855 -3.079 Deutsche Bank 3 5.302 27,916 201 2 6.017 -0.715 BNP Paribas 4 6.499 2,358 38 8 4.869 1.630 Societe Generale 4 4.727 24,886 176 6 3.998 0.729 Barclays 5 5.702 2,069 28 2 7.438 -1.736 Barclays 5 4.402 23,177 162 3 5.959 -1.557 HSBC 6 4.852 1,761 30 9 4.684 0.168 UniCredit 6 3.962 20,859 160 9 3.614 0.348 Citi 7 4.661 1,691 20 5 6.348 -1.687 Credit Agricole CIB 7 3.851 20,276 166 5 4.681 -0.830 Goldman Sachs 8 4.652 1,688 28 4 6.643 -1.991 UBS 8 3.780 19,903 71 21 1.896 1.884 Bank of America Merrill Lynch 9 3.590 1,303 15 10 4.262 -0.672 JP Morgan 9 3.514 18,501 148 7 3.821 -0.307 Credit Agricole CIB 10 3.336 1,211 18 11 3.477 -0.141 Goldman Sachs 10 3.329 17,530 105 10 3.583 -0.254 Morgan Stanley 11 2.747 997 13 7 5.305 -2.558 Natixis 11 3.312 17,436 120 18 2.254 1.058 ING Groep 12 2.334 847 17 16 1.757 0.577 Bank of America Merrill Lynch 12 2.950 15,530 100 8 3.760 -0.810 Societe Generale 13 2.260 820 16 12 3.159 -0.899 NatWest Markets 13 2.920 15,374 108 13 2.745 0.175 UniCredit 14 2.202 799 14 15 2.176 0.026 Banco Santander 14 2.715 14,292 103 16 2.317 0.398 Natixis 15 2.184 793 14 18 1.475 0.709 Intesa Sanpaolo 15 2.618 13,781 49 15 2.332 0.286 Nordea 16 2.166 786 15 17 1.623 0.543 Commerzbank 16 2.564 13,502 104 17 2.282 0.282 Danske Bank 17 2.148 779 13 24 0.904 1.244 Landesbank Hessen-Thuringen Girozentrale 17 2.561 13,482 136 14 2.630 -0.069 UBS 18 2.037 739 11 14 2.354 -0.317 Citi 18 2.519 13,263 118 11 3.129 -0.610 DNB ASA 19 1.458 529 10 21 1.045 0.413 ING Groep 19 2.374 12,499 108 20 1.897 0.477 BrokerCreditService Cyprus Ltd 20 1.450 526 4 26 0.829 0.621 Morgan Stanley 20 2.149 11,316 80 12 2.745 -0.596 TOTAL 100% 36,286 123 100% TOTAL 100% 526,509 1,626 100%
Bloomberg League Table Reports Page 2 Bloomberg EMEA Capital Markets | H1 2018
EMEA Corporate High Yield Bonds (inc EM) - Risk EMEA Corporate Investment Grade Bonds (inc EM) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Credit Suisse 1 6.459 3,409 47 6 4.490 1.969 BNP Paribas 1 8.687 12,540 97 1 8.364 0.323 JP Morgan 2 6.340 3,347 45 1 9.425 -3.085 Societe Generale 2 7.275 10,501 76 6 4.928 2.347 BNP Paribas 3 6.067 3,202 48 9 3.625 2.442 HSBC 3 5.523 7,973 73 4 6.897 -1.374 Deutsche Bank 4 5.747 3,033 39 2 7.617 -1.870 UniCredit 4 4.985 7,195 56 10 3.450 1.535 Citi 5 5.690 3,003 32 3 5.846 -0.156 Goldman Sachs 5 4.765 6,878 29 9 4.157 0.608 HSBC 6 5.421 2,861 42 8 3.883 1.538 Deutsche Bank 6 4.568 6,594 51 3 7.005 -2.437 Barclays 7 5.301 2,798 35 5 5.542 -0.241 Banco Santander 7 4.451 6,424 47 12 2.690 1.761 Goldman Sachs 8 3.449 1,820 30 4 5.714 -2.265 Barclays 8 4.406 6,360 53 2 8.254 -3.848 Bank of America Merrill Lynch 9 3.091 1,631 19 10 3.455 -0.364 Credit Agricole CIB 9 4.362 6,297 56 11 3.325 1.037 UniCredit 10 2.831 1,494 21 12 2.761 0.070 JP Morgan 10 4.286 6,186 53 7 4.607 -0.321 Credit Agricole CIB 11 2.649 1,398 19 15 2.601 0.048 ING Groep 11 4.110 5,933 51 21 1.653 2.457 ING Groep 12 2.621 1,384 21 16 2.494 0.127 Mitsubishi UFJ Financial Group Inc 12 3.359 4,849 44 16 2.316 1.043 Natixis 13 2.539 1,340 18 21 1.075 1.464 Citi 13 2.945 4,250 46 5 5.342 -2.397 Morgan Stanley 14 2.511 1,326 17 7 4.096 -1.585 Commerzbank 14 2.761 3,985 37 13 2.549 0.212 Societe Generale 15 2.408 1,271 22 11 3.164 -0.756 NatWest Markets 15 2.539 3,665 32 14 2.539 0.000 UBS 16 1.799 949 13 14 2.685 -0.886 Bank of America Merrill Lynch 16 2.407 3,474 31 8 4.260 -1.853 Danske Bank 17 1.792 946 14 30 0.659 1.133 Mizuho Financial 17 2.312 3,338 31 17 2.260 0.052 Nordea 18 1.517 801 16 20 1.182 0.335 RBC Capital Markets 18 2.008 2,898 24 26 1.027 0.981 NatWest Markets 19 1.447 764 11 18 2.195 -0.748 Credit Suisse 19 1.892 2,731 30 18 2.200 -0.308 Mizuho Financial 20 1.363 719 9 56 0.207 1.156 Banco Bilbao Vizcaya Argentaria 20 1.858 2,682 23 19 1.829 0.029 TOTAL 100% 52,781 183 100% TOTAL 100% 144,351 314 100%
International Bonds International Sukuk H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) JP Morgan 1 7.094 157,222 963 1 7.994 -0.900 Standard Chartered Bank 1 12.933 1,458 14 2 9.585 3.348 HSBC 2 6.363 141,025 795 4 6.211 0.152 HSBC 2 11.705 1,320 8 1 16.018 -4.313 Citi 3 6.341 140,535 848 2 7.031 -0.690 Dubai Islamic Bank 3 11.428 1,289 9 9 5.043 6.385 Barclays 4 5.988 132,718 668 5 6.058 -0.070 Citi 4 10.720 1,209 7 4 8.697 2.023 Bank of America Merrill Lynch 5 5.570 123,457 705 3 6.244 -0.674 CIMB 5 8.130 917 4 18 1.031 7.099 Goldman Sachs 6 4.968 110,097 510 6 5.469 -0.501 Abu Dhabi Islamic Bank 6 5.854 660 3 - - 5.854 Deutsche Bank 7 4.549 100,818 567 7 5.152 -0.603 Emirates NBD PJSC 7 4.530 511 7 10 4.715 -0.185 BNP Paribas 8 4.002 88,703 550 8 4.343 -0.341 Sharjah Islamic Bank 8 4.387 495 4 22 0.733 3.654 Morgan Stanley 9 3.326 73,725 461 9 4.318 -0.992 First Abu Dhabi Bank PJSC 9 3.427 386 4 8 6.099 -2.672 Credit Agricole CIB 10 2.808 62,228 442 10 2.651 0.157 Gulf International Bank BSC 10 3.160 356 2 12 1.822 1.338 Societe Generale 11 2.525 55,966 344 11 2.412 0.113 JP Morgan 11 3.063 345 3 5 8.181 -5.118 RBC Capital Markets 12 2.438 54,040 321 14 1.909 0.529 Noor Bank 12 2.638 297 5 13 1.492 1.146 Credit Suisse 13 2.240 49,641 397 12 2.305 -0.065 BNP Paribas 13 2.306 260 2 6 6.185 -3.879 Wells Fargo 14 2.058 45,612 289 16 1.815 0.243 Kuwait Finance House 14 2.262 255 2 17 1.095 1.167 NatWest Markets 15 1.898 42,072 166 18 1.409 0.489 Bank ABC 15 2.106 237 3 21 0.866 1.240 UniCredit 16 1.894 41,967 241 13 1.924 -0.030 National Bank of Bahrain BSC 16 1.774 200 1 - - 1.774 TD Securities 17 1.650 36,559 247 17 1.609 0.041 Natixis 17 1.386 156 1 19 0.939 0.447 Raiffeisenverband Salzburg 18 1.596 35,364 1 281 0.002 1.594 Sumitomo Mitsui Financial 17 1.386 156 1 32 0.229 1.157 UBS 19 1.588 35,202 205 15 1.834 -0.246 National Commercial Bank 19 1.153 130 1 6 6.185 -5.032 Mizuho Financial 20 1.461 32,370 382 20 1.318 0.143 Deutsche Bank 20 1.109 125 2 3 8.954 -7.845 TOTAL 100% 2,216,341 5,416 100% TOTAL 100% 11,275 19 100%
Bloomberg League Table Reports Page 3 Bloomberg EMEA Capital Markets | H1 2018
Euro Currency Bonds Sterling Bonds H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (GBP Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) BNP Paribas 1 6.190 44,109 257 1 7.034 -0.844 HSBC 1 13.420 9,595 63 2 12.933 0.487 HSBC 2 5.647 40,240 258 2 6.130 -0.483 NatWest Markets 2 12.712 9,089 58 3 9.790 2.922 Deutsche Bank 3 5.439 38,755 245 4 5.694 -0.255 Barclays 3 11.713 8,374 50 1 16.733 -5.020 Societe Generale 4 5.235 37,303 223 8 4.850 0.385 RBC Capital Markets 4 9.315 6,660 52 5 6.786 2.529 JP Morgan 5 5.230 37,268 197 6 5.117 0.113 Lloyds Bank 5 6.340 4,533 37 8 4.557 1.783 Barclays 6 5.051 35,995 169 3 5.945 -0.894 Nomura 6 5.370 3,839 29 16 1.433 3.937 Credit Agricole CIB 7 4.985 35,522 211 5 5.216 -0.231 TD Securities 7 4.601 3,290 24 13 2.280 2.321 UniCredit 8 4.602 32,795 209 9 4.667 -0.065 Deutsche Bank 8 4.415 3,156 11 4 7.256 -2.841 Goldman Sachs 9 4.123 29,379 127 7 4.881 -0.758 Bank of America Merrill Lynch 9 4.305 3,078 19 6 6.039 -1.734 Citi 10 3.856 27,476 163 11 4.043 -0.187 Banco Santander 10 4.168 2,980 20 10 3.685 0.483 Commerzbank 11 3.422 24,384 137 12 2.945 0.477 JP Morgan 11 3.961 2,832 17 9 4.351 -0.390 Natixis 12 3.191 22,739 147 14 2.411 0.780 Credit Suisse 12 3.214 2,298 23 11 3.577 -0.363 NatWest Markets 13 3.093 22,040 84 15 2.144 0.949 Goldman Sachs 13 2.749 1,965 7 15 1.475 1.274 Bank of America Merrill Lynch 14 2.857 20,357 119 10 4.328 -1.471 Monsas Ltd 14 2.098 1,500 1 - - 2.098 Banco Santander 15 2.497 17,794 97 19 1.911 0.586 FMS Wertmanagement 15 1.678 1,200 1 - - 1.678 ING Groep 16 2.241 15,969 122 20 1.899 0.342 UBS 16 1.588 1,135 3 17 1.068 0.520 Landesbank Baden-Wuerttemberg 17 2.149 15,316 136 16 2.072 0.077 Citi 17 1.125 804 8 7 4.719 -3.594 Landesbank Hessen-Thuringen 18 1.945 13,858 149 18 1.954 -0.009 BNP Paribas 18 0.954 682 9 14 1.571 -0.617 Girozentrale Morgan Stanley 19 0.800 572 7 12 3.006 -2.206 UBS 19 1.918 13,668 66 22 1.380 0.538 Mitsubishi UFJ Financial Group Inc 20 0.485 347 5 18 1.031 -0.546 Morgan Stanley 20 1.878 13,386 84 13 2.625 -0.747 TOTAL 100% 71,497 209 100% TOTAL 100% 712,594 2,003 100%
Swiss Franc Bonds Swedish Krona Bonds H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (CHF Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (SEK Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Credit Suisse 1 22.302 7,523 74 1 26.420 -4.118 Nordea 1 23.238 53,276 104 1 21.483 1.755 UBS 2 21.574 7,278 71 2 21.612 -0.038 Danske Bank 2 21.612 49,549 109 2 19.155 2.457 Schweizerische Kantonalbanken 3 12.237 4,128 18 3 12.101 0.136 Swedbank 3 17.373 39,831 85 4 13.607 3.766 Zuercher Kantonalbank 4 11.147 3,760 37 4 9.470 1.677 SEB 4 16.034 36,760 71 3 18.410 -2.376 Raiffeisen Switzerland 5 7.808 2,634 23 5 6.959 0.849 Svenska Handelsbanken 5 8.387 19,229 51 5 9.858 -1.471 BNP Paribas 6 4.351 1,468 13 6 5.852 -1.501 DNB ASA 6 5.361 12,292 29 6 4.368 0.993 Deutsche Bank 7 2.491 840 9 7 4.626 -2.135 Credit Agricole CIB 7 0.960 2,200 9 20 0.462 0.498 Commerzbank 8 2.105 710 8 15 0.789 1.316 TD Securities 8 0.877 2,010 5 - - 0.877 Luzerner Kantonalbank 9 2.001 675 2 10 1.306 0.695 ABG Sundal Collier Asa 9 0.875 2,006 6 8 1.446 -0.571 Basellandchafliche Kantonalbank 10 1.986 670 5 24 0.109 1.877 Carnegie 10 0.759 1,741 3 7 1.490 -0.731 Basler Kantonalbank 11 1.512 510 4 8 2.142 -0.630 JP Morgan 11 0.756 1,733 5 16 0.795 -0.039 Graubundner Kantonalbank 12 1.482 500 2 - - 1.482 HSBC 12 0.584 1,340 4 10 1.078 -0.494 Vontobel Holding AG 13 1.359 458 5 11 1.050 0.309 Citi 13 0.429 983 3 15 0.814 -0.385 HSBC 14 1.282 433 4 9 2.106 -0.824 Nomura 14 0.379 868 5 19 0.471 -0.092 Thurgauer Kantonalbank 15 0.623 210 1 14 0.816 -0.193 Goldman Sachs 15 0.298 683 3 12 0.896 -0.598 Aargauische Kantonalbank 16 0.593 200 1 12 0.947 -0.354 Deutsche Bank 16 0.276 633 3 - - 0.276 Banque Cantonale de Fribourg 16 0.593 200 1 16 0.653 -0.060 BNP Paribas 17 0.254 583 2 17 0.545 -0.291 Gazprombank 18 0.556 188 1 - - 0.556 RBC Capital Markets 18 0.240 550 2 - - 0.240 Renaissance Capital Pty Ltd 18 0.556 188 1 - - 0.556 Daiwa Securities 19 0.230 527 3 18 0.508 -0.278 VTB Capital 18 0.556 188 1 - - 0.556 Pareto Securities 20 0.192 440 2 11 0.988 -0.796 TOTAL 100% 33,734 191 100% TOTAL 100% 229,263 395 100%
Bloomberg League Table Reports Page 4 Bloomberg EMEA Capital Markets | H1 2018
Spain Bonds Spain Corporates H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Banco Santander 1 12.742 7,324 29 2 10.165 2.577 BNP Paribas 1 7.612 900 10 10 4.167 3.445 Banco Bilbao Vizcaya Argentaria 2 11.453 6,583 22 1 10.709 0.744 Citi 2 7.110 840 9 2 8.122 -1.012 HSBC 3 11.294 6,492 23 3 8.402 2.892 HSBC 3 6.236 737 8 6 6.136 0.100 Barclays 4 9.742 5,599 15 4 7.812 1.930 Banco Bilbao Vizcaya Argentaria 4 6.226 736 9 5 6.858 -0.632 Citi 5 8.465 4,866 18 5 7.193 1.272 La Caixa 5 4.882 577 8 7 5.821 -0.939 Societe Generale 6 4.696 2,699 13 9 4.207 0.489 Societe Generale 6 4.824 570 6 3 7.021 -2.197 BNP Paribas 7 4.334 2,491 13 8 5.040 -0.706 Barclays 7 4.579 541 6 9 4.227 0.352 NatWest Markets 8 4.271 2,455 7 13 2.771 1.500 NatWest Markets 8 4.556 538 5 8 4.739 -0.183 JP Morgan 9 4.177 2,401 10 11 3.304 0.873 Deutsche Bank 9 3.956 468 6 18 2.029 1.927 La Caixa 10 2.700 1,552 14 6 6.184 -3.484 Bank of America Merrill Lynch 10 3.826 452 5 24 0.976 2.850 Bank of America Merrill Lynch 11 2.281 1,311 9 16 1.843 0.438 Banco Santander 11 3.759 444 7 4 6.919 -3.160 UniCredit 12 2.199 1,264 8 17 1.427 0.772 JP Morgan 12 3.492 413 4 11 3.969 -0.477 UBS 13 2.153 1,238 10 21 0.777 1.376 Mizuho Financial 13 3.469 410 4 12 3.477 -0.008 Natixis 14 2.030 1,167 8 18 1.422 0.608 Intesa Sanpaolo 14 3.356 397 4 16 2.334 1.022 Goldman Sachs 15 1.785 1,026 8 7 5.142 -3.357 Sumitomo Mitsui Financial 15 3.312 391 4 25 0.858 2.454 Deutsche Bank 16 1.509 868 10 19 1.378 0.131 Goldman Sachs 16 3.181 376 4 13 3.019 0.162 ING Groep 17 1.496 860 6 23 0.752 0.744 UniCredit 17 3.149 372 3 19 1.998 1.151 Credit Agricole CIB 18 1.460 839 9 12 3.216 -1.756 Credit Agricole CIB 18 3.111 368 5 23 1.137 1.974 Morgan Stanley 19 1.435 825 3 10 3.489 -2.054 Mitsubishi UFJ Financial Group Inc 19 2.774 328 3 17 2.168 0.606 Commerzbank 20 1.258 723 6 27 0.657 0.601 Natixis 20 2.676 316 3 26 0.803 1.873 TOTAL 100% 57,480 98 100% TOTAL 100% 11,817 37 100%
Spain Financials Spain Government & Agencies H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Banco Santander 1 12.132 2,221 15 2 7.248 4.884 Banco Bilbao Vizcaya Argentaria 1 19.169 5,243 9 1 16.035 3.134 UBS 2 6.076 1,113 9 18 2.333 3.743 HSBC 2 17.231 4,713 8 4 10.850 6.381 HSBC 3 5.689 1,042 7 3 6.551 -0.862 Banco Santander 3 17.030 4,658 7 2 13.865 3.165 Barclays 4 5.598 1,025 5 6 5.540 0.058 Barclays 4 14.745 4,033 4 3 11.199 3.546 Citi 5 5.373 984 6 20 2.092 3.281 Citi 5 11.120 3,042 3 5 10.511 0.609 Societe Generale 6 5.348 979 5 11 3.840 1.508 NatWest Markets 6 6.093 1,667 1 12 2.389 3.704 La Caixa 7 5.325 975 6 10 4.763 0.562 BNP Paribas 7 4.265 1,167 1 7 7.119 -2.854 UniCredit 8 4.870 892 5 14 2.994 1.876 JP Morgan 7 4.265 1,167 1 9 3.583 0.682 Bank of America Merrill Lynch 9 4.691 859 4 9 4.903 -0.212 Societe Generale 9 4.204 1,150 2 10 3.134 1.070 Natixis 10 4.574 838 4 13 3.207 1.367 ING Groep 10 0.731 200 1 20 0.401 0.330 Morgan Stanley 11 4.506 825 3 22 1.944 2.562 Banco Cooperativo 11 0.368 101 1 23 0.100 0.268 JP Morgan 12 4.486 821 5 17 2.495 1.991 Credit Agricole CIB 12 0.366 100 1 11 2.695 -2.329 Nomura 13 3.845 704 3 25 1.494 2.351 Norbolsa Sociedad de Valores SA/Spain 12 0.366 100 1 14 0.645 -0.279 Goldman Sachs 14 3.550 650 4 1 7.465 -3.915 Natixis 14 0.047 13 1 20 0.401 -0.354 Banco Bilbao Vizcaya Argentaria 15 3.300 604 4 4 5.981 -2.681 ------Commerzbank 16 2.958 542 4 23 1.620 1.338 ------ING Groep 17 2.594 475 3 26 0.953 1.641 ------BNP Paribas 18 2.321 425 2 16 2.785 -0.464 ------Deutsche Bank 19 2.185 400 4 15 2.786 -0.601 ------Credit Agricole CIB 20 2.030 372 3 7 5.268 -3.238 ------TOTAL 100% 18,309 49 100% TOTAL 100% 27,353 12 100%
Bloomberg League Table Reports Page 5 Bloomberg EMEA Capital Markets | H1 2018
CEEMEA Bonds Russia Bonds inc-Retained Deals H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (RUB Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Citi 1 9.012 14,191 65 1 9.366 -0.354 VTB Capital 1 31.920 372,416 37 1 24.802 7.118 Standard Chartered Bank 2 8.744 13,770 59 7 4.476 4.268 Gazprombank 2 13.073 152,523 30 2 13.407 -0.334 Deutsche Bank 3 7.230 11,386 38 6 4.546 2.684 Sberbank CIB CJSC 3 12.421 144,914 35 3 9.654 2.767 JP Morgan 4 6.988 11,005 60 2 9.174 -2.186 Sovcombank ICB JSC 4 6.483 75,642 15 5 4.457 2.026 HSBC 5 6.231 9,812 56 3 6.308 -0.077 Rosselkhozbank OJSC 5 4.893 57,083 9 9 2.317 2.576 VTB Capital 6 4.233 6,667 39 4 4.806 -0.573 REGION Investment Co 6 4.582 53,457 12 13 2.027 2.555 Goldman Sachs 7 2.898 4,563 16 13 2.149 0.749 Alfa Bank 7 3.367 39,279 7 10 2.194 1.173 BNP Paribas 8 2.651 4,174 28 5 4.753 -2.102 Renaissance Capital Pty Ltd 8 3.066 35,773 6 12 2.151 0.915 Bank of America Merrill Lynch 9 2.617 4,121 18 16 1.539 1.078 Raiffeisen Bank International Group 9 2.882 33,623 12 15 1.821 1.061 Barclays 10 2.174 3,423 26 8 3.698 -1.524 UBS 10 2.770 32,318 4 17 1.336 1.434 Societe Generale 11 2.149 3,384 28 9 3.069 -0.920 JP Morgan 11 2.691 31,397 6 4 5.778 -3.087 UniCredit 12 1.974 3,109 33 11 2.370 -0.396 UniCredit 12 1.992 23,242 7 11 2.153 -0.161 Morgan Stanley 13 1.765 2,779 13 58 0.273 1.492 Societe Generale 13 1.243 14,497 4 6 3.943 -2.700 Credit Suisse 14 1.728 2,722 18 31 0.694 1.034 B&N Bank 14 1.143 13,333 4 26 0.750 0.393 Mitsubishi UFJ Financial Group Inc 15 1.656 2,608 15 32 0.674 0.982 Credit Suisse 15 1.003 11,699 3 19 1.226 -0.223 Sumitomo Mitsui Financial 16 1.645 2,590 17 41 0.423 1.222 Deutsche Bank 16 0.909 10,610 1 18 1.314 -0.405 Gazprombank 17 1.602 2,523 27 10 2.581 -0.979 BCS Financial Group 17 0.776 9,050 4 16 1.740 -0.964 Industrial & Comm Bank of China 18 1.549 2,439 8 34 0.551 0.998 Promsvyaz Bank 18 0.600 7,000 2 21 1.133 -0.533 Credit Agricole CIB 19 1.521 2,396 13 26 0.862 0.659 Russian Regional Development Bank 19 0.486 5,667 2 - - 0.486 Sberbank CIB CJSC 20 1.487 2,342 32 15 1.874 -0.387 Otkritie Holding JSC 20 0.461 5,383 4 7 3.734 -3.273 TOTAL 100% 157,473 483 100% TOTAL 100% 1,166,718 79 100%
MENA Bonds & Sukuk GCC Bonds & Sukuk H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Standard Chartered Bank 1 16.722 10,417 41 4 7.059 9.663 Standard Chartered Bank 1 17.649 9,801 39 4 8.962 8.687 HSBC 2 9.702 6,044 35 3 10.981 -1.279 HSBC 2 9.443 5,244 32 1 13.942 -4.499 Deutsche Bank 3 7.822 4,873 10 6 6.042 1.780 Deutsche Bank 3 7.395 4,107 7 5 7.671 -0.276 Citi 4 7.310 4,554 20 2 11.660 -4.350 Citi 4 6.490 3,604 16 3 10.457 -3.967 JP Morgan 5 6.334 3,946 17 1 13.824 -7.490 JP Morgan 5 5.665 3,146 14 2 10.919 -5.254 Bank of America Merrill Lynch 6 4.836 3,013 10 23 0.775 4.061 Bank of America Merrill Lynch 6 5.425 3,013 10 20 0.984 4.441 Credit Agricole CIB 7 3.375 2,103 10 15 1.657 1.718 Credit Agricole CIB 7 3.787 2,103 10 11 2.103 1.684 Morgan Stanley 8 3.326 2,072 7 - - 3.326 Sumitomo Mitsui Financial 8 3.139 1,743 8 31 0.664 2.475 First Abu Dhabi Bank PJSC 9 3.118 1,943 16 9 3.152 -0.034 Credit Suisse 9 3.041 1,689 7 41 0.261 2.780 Sumitomo Mitsui Financial 10 2.798 1,743 8 33 0.523 2.275 Gulf International Bank BSC 10 2.561 1,422 4 14 1.708 0.853 Credit Suisse 11 2.711 1,689 7 44 0.205 2.506 Industrial & Comm Bank of China 11 2.456 1,364 5 17 1.358 1.098 Gulf International Bank BSC 12 2.283 1,422 4 18 1.345 0.938 Bank of China 12 2.344 1,302 4 - - 2.344 Industrial & Comm Bank of China 13 2.190 1,364 5 20 1.070 1.120 Goldman Sachs 13 2.313 1,285 4 34 0.472 1.841 BNP Paribas 14 2.175 1,355 7 5 6.172 -3.997 Morgan Stanley 14 2.291 1,272 4 - - 2.291 Bank of China 15 2.089 1,302 4 - - 2.089 Barclays 15 2.236 1,242 8 15 1.486 0.750 Goldman Sachs 16 2.062 1,285 4 37 0.372 1.690 Mitsubishi UFJ Financial Group Inc 16 2.235 1,241 4 30 0.668 1.567 Barclays 17 1.993 1,242 8 11 2.454 -0.461 First Abu Dhabi Bank PJSC 17 2.058 1,143 13 8 4.002 -1.944 Mitsubishi UFJ Financial Group Inc 18 1.992 1,241 4 32 0.526 1.466 Al Khaliji 18 1.694 940 3 - - 1.694 Al Khaliji 19 1.510 940 3 - - 1.510 Qatar National Bank 18 1.694 940 3 44 0.181 1.513 Qatar National Bank 19 1.510 940 3 14 1.855 -0.345 ANZ Banking Group 20 1.374 763 7 50 0.109 1.265 TOTAL 100% 62,296 130 100% TOTAL 100% 55,532 124 100%
Bloomberg League Table Reports Page 6 Bloomberg EMEA Capital Markets | H1 2018
Africa Bonds Sub-Sahara Africa Bonds H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Citi 1 13.210 4,117 15 1 13.902 -0.692 Citi 1 13.427 3,317 12 2 11.217 2.210 Standard Chartered Bank 2 11.745 3,661 16 6 7.001 4.744 Standard Chartered Bank 2 12.325 3,045 14 3 10.269 2.056 Deutsche Bank 3 10.226 3,187 12 19 1.394 8.832 Deutsche Bank 3 10.408 2,571 10 18 2.045 8.363 JP Morgan 4 9.080 2,830 14 2 11.396 -2.316 Standard Bank of South Africa 4 8.657 2,139 30 1 14.898 -6.241 Standard Bank of South Africa 5 6.862 2,139 30 3 10.157 -3.295 JP Morgan 5 8.218 2,030 11 5 5.962 2.256 BNP Paribas 6 6.195 1,931 10 5 9.193 -2.998 BNP Paribas 6 5.323 1,315 8 6 4.311 1.012 FirstRand Ltd 7 3.822 1,191 22 9 2.497 1.325 FirstRand Ltd 7 4.822 1,191 22 7 3.663 1.159 Societe Generale 8 3.819 1,190 7 16 1.616 2.203 Societe Generale 8 4.817 1,190 7 15 2.370 2.447 Goldman Sachs 9 3.625 1,130 3 15 1.630 1.995 Goldman Sachs 9 4.574 1,130 3 14 2.391 2.183 Nedbank Ltd 10 3.472 1,082 18 12 1.948 1.524 Nedbank Ltd 10 4.381 1,082 18 11 2.857 1.524 HSBC 11 3.288 1,025 5 21 1.090 2.198 Industrial & Comm Bank of China 11 4.047 1,000 2 23 1.048 2.999 Industrial & Comm Bank of China 12 3.208 1,000 2 25 0.715 2.493 Natixis 12 2.043 505 4 8 3.198 -1.155 Morgan Stanley 13 2.984 930 4 27 0.397 2.587 Bank of America Merrill Lynch 13 2.024 500 2 9 2.988 -0.964 First Abu Dhabi Bank PJSC 14 2.567 800 3 - - 2.567 Barclays Africa Group Ltd 14 1.886 466 7 34 0.306 1.580 Intesa Sanpaolo 15 1.976 616 2 - - 1.976 Barclays 15 1.537 380 6 4 8.166 -6.629 Natixis 16 1.619 505 4 4 9.512 -7.893 Credit Suisse 16 1.462 361 3 10 2.900 -1.438 Bank of America Merrill Lynch 17 1.604 500 2 10 2.037 -0.433 Credit Agricole CIB 17 1.185 293 3 29 0.577 0.608 Barclays Africa Group Ltd 18 1.495 466 7 36 0.209 1.286 ING Groep 17 1.185 293 3 21 1.217 -0.032 Barclays 19 1.218 380 6 7 5.567 -4.349 Fidelity Bank Ltd 19 1.092 270 5 38 0.027 1.065 Credit Suisse 20 1.159 361 3 11 1.978 -0.819 HSBC 20 0.911 225 2 20 1.599 -0.688 TOTAL 100% 31,170 101 100% TOTAL 100% 24,706 96 100%
South Africa Bonds Sub-Sahara Africa Currency Bonds H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (ZAR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Nedbank Ltd 1 27.775 11,570 24 3 14.874 12.901 Standard Bank of South Africa 1 20.988 1,072 23 1 38.596 -17.608 Standard Bank of South Africa 2 27.547 11,475 20 1 44.359 -16.812 Nedbank Ltd 2 16.951 866 19 5 7.753 9.198 FirstRand Ltd 3 22.621 9,423 24 2 18.116 4.505 FirstRand Ltd 3 13.828 706 20 2 11.200 2.628 Investec 4 9.628 4,011 11 5 8.689 0.939 JP Morgan 4 9.407 481 6 11 1.225 8.182 Barclays Africa Group Ltd 5 6.547 2,727 4 6 1.102 5.445 Investec 5 5.568 284 9 7 7.086 -1.518 Eskom Holdings Ltd 6 3.601 1,500 3 8 0.294 3.307 Fidelity Bank Ltd 6 5.281 270 5 25 0.073 5.208 Land & Agricultural Bank 7 1.200 500 1 - - 1.200 Barclays 7 4.719 241 6 4 7.875 -3.156 One Capital 8 1.080 450 1 - - 1.080 Databank Financial Services Ltd 8 4.311 220 5 30 0.011 4.300 ------IC Securities Ghana Ltd 9 4.271 218 4 - - 4.271 ------Barclays Africa Group Ltd 10 4.259 218 5 12 0.830 3.429 ------Eskom Holdings Ltd 11 2.028 104 2 - - 2.028 ------BNP Paribas 12 1.571 80 3 17 0.355 1.216 ------Standard Chartered Bank 13 1.158 59 2 - - 1.158 ------TD Securities 14 0.787 40 1 20 0.278 0.509 ------Goldman Sachs 15 0.786 40 3 13 0.559 0.227 ------Land & Agricultural Bank 16 0.767 39 1 - - 0.767 ------NatWest Markets 17 0.669 34 2 - - 0.669 ------Societe Generale 18 0.601 31 1 - - 0.601 ------Industrial & Comm Bank of China 19 0.591 30 1 15 0.422 0.169 ------E.Sun Financial Holding Co Ltd 20 0.303 15 1 - - 0.303 TOTAL 100% 41,655 83 100% TOTAL 100% 5,108 108 100%
Bloomberg League Table Reports Page 7 Bloomberg EMEA Capital Markets | H1 2018
EMEA Equity, Equity Linked & Rights - Risk: Industry EMEA Equity Breakdown
13%
5% 33% EMEA Equity, Equity Linked & Rights - Risk 9% H1 2018 H1 2017 11% Mkt Volume (USD Deal Prev Prev Mkt Mkt Share 17% Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) 12% JP Morgan 1 9.306 9,070 41 1 8.508 0.798 Goldman Sachs 2 9.082 8,852 43 5 6.541 2.541 Financials 33% Citi 3 7.728 7,532 42 2 8.017 -0.289 Health Care 17% UBS 4 6.023 5,870 20 3 7.325 -1.302 Materials 12% Deutsche Bank 5 5.182 5,051 34 7 5.684 -0.502 Consumer Discretionary 11% Morgan Stanley 6 5.156 5,025 39 4 7.187 -2.031 Industrials 9% Bank of America Merrill Lynch 7 4.684 4,565 21 6 5.880 -1.196 Technology 5% Credit Suisse 8 4.307 4,197 21 11 3.720 0.587 Others 13% Barclays 9 4.019 3,917 34 9 4.081 -0.062 Societe Generale 10 3.604 3,513 26 10 3.729 -0.125 BNP Paribas 11 2.827 2,755 22 8 4.103 -1.276 EMEA Equity, Equity Linked & Rights - Risk: Manager Joh Berenberg Gossler & Co 12 2.326 2,267 23 15 1.462 0.864 Rankings History KG HSBC 13 2.213 2,156 15 12 2.180 0.033 2018 2017 2016 10 Investec 14 1.798 1,753 11 46 0.243 1.555
Credit Agricole CIB 15 1.574 1,534 9 14 1.650 -0.076 8 ) % (
Carnegie 16 1.436 1,399 30 23 1.120 0.316 e
r 6 a h
Nordea 17 1.264 1,232 16 22 1.131 0.133 S
t e
k 4 r
UniCredit 18 1.205 1,174 8 20 1.249 -0.044 a M
Jefferies 19 1.111 1,082 17 13 1.786 -0.675 2 Banco Santander 20 1.084 1,057 9 16 1.398 -0.314 0 i TOTAL 100% 97,460 471 100% n s it S k y a h C B n le rg c U a n o a B a S e t M n h S P a c n J s a m t g ld u r o e o This table consists of equity, equity-linked & rights offerings, issued by EMEA issuers. This excludes bonds with warrants, closed-end fund or G D M investment trust issuers, credit linked notes, local market share sales, qualified investor placements (QIP), reverse convertibles, self-led transactions. The thresholds include 12 month minimum call, put & maturity periods. Please see League Table Standards and Guidelines for further details.
Bloomberg League Table Reports Page 8 Bloomberg EMEA Capital Markets | H1 2018
EMEA Equity & Equity Linked - Risk EMEA Equity & Equity Linked - Syndication H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) JP Morgan 1 9.957 8,096 38 2 8.996 0.961 JP Morgan 1 9.623 7,627 33 1 9.284 0.339 Goldman Sachs 2 9.841 8,002 40 5 6.859 2.982 Goldman Sachs 2 9.541 7,562 34 5 7.163 2.378 Citi 3 8.456 6,876 39 1 9.359 -0.903 Citi 3 8.182 6,486 35 2 9.283 -1.101 UBS 4 7.220 5,870 20 3 8.662 -1.442 UBS 4 7.217 5,721 19 3 8.776 -1.559 Deutsche Bank 5 5.744 4,670 32 6 6.071 -0.327 Deutsche Bank 5 6.126 4,856 31 6 5.992 0.134 Morgan Stanley 6 5.603 4,556 36 4 7.768 -2.165 Morgan Stanley 6 5.468 4,334 33 4 7.173 -1.705 Bank of America Merrill Lynch 7 5.099 4,146 19 7 5.757 -0.658 Bank of America Merrill Lynch 7 4.933 3,910 17 7 5.739 -0.806 Credit Suisse 8 4.634 3,768 19 11 2.931 1.703 Credit Suisse 8 4.426 3,508 16 11 2.829 1.597 Societe Generale 9 3.763 3,060 23 10 3.399 0.364 Societe Generale 9 3.770 2,988 22 10 3.388 0.382 BNP Paribas 10 2.884 2,345 19 9 3.829 -0.945 Joh Berenberg Gossler & Co KG 10 2.934 2,326 23 12 1.931 1.003 Joh Berenberg Gossler & Co KG 11 2.759 2,243 22 13 1.937 0.822 BNP Paribas 11 2.868 2,273 18 8 3.817 -0.949 Barclays 12 2.519 2,048 26 8 4.100 -1.581 Barclays 12 2.094 1,660 21 9 3.566 -1.472 Carnegie 13 1.709 1,389 26 14 1.542 0.167 Carnegie 13 1.753 1,389 26 14 1.537 0.216 Nordea 14 1.507 1,226 15 16 1.473 0.034 Nordea 14 1.592 1,262 16 16 1.468 0.124 Jefferies 15 1.331 1,082 17 12 1.948 -0.617 Investec 15 1.337 1,060 11 40 0.333 1.004 Investec 16 1.273 1,035 10 40 0.334 0.939 Numis 16 1.275 1,010 13 15 1.511 -0.236 Standard Bank of South Africa 17 1.173 954 6 72 0.106 1.067 Standard Bank of South Africa 17 1.204 954 6 72 0.105 1.099 Numis 18 1.141 928 12 15 1.516 -0.375 Pareto Securities 18 1.128 894 19 36 0.379 0.749 Credit Agricole CIB 19 1.121 911 7 21 0.857 0.264 Jefferies 19 1.120 888 12 13 1.832 -0.712 HSBC 20 1.072 872 11 18 1.161 -0.089 Credit Agricole CIB 20 1.059 839 6 22 0.854 0.205 TOTAL 100% 81,309 418 100% TOTAL 100% 79,262 402 100%
EMEA Equity Linked - Risk EMEA Equity Linked - Syndication H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) UBS 1 17.957 1,851 3 9 3.480 14.477 UBS 1 16.954 1,851 3 12 2.927 14.027 JP Morgan 2 11.135 1,148 7 1 26.793 -15.658 Deutsche Bank 2 11.873 1,296 5 2 9.982 1.891 Societe Generale 3 11.095 1,144 8 5 7.965 3.130 Societe Generale 3 9.817 1,072 7 5 6.700 3.117 Deutsche Bank 4 10.611 1,094 5 2 11.867 -1.256 JP Morgan 4 8.091 883 5 1 24.554 -16.463 Citi 5 9.449 974 7 6 5.355 4.094 Citi 5 7.762 847 5 8 3.936 3.826 BNP Paribas 6 7.116 733 7 3 10.451 -3.335 BNP Paribas 6 6.060 662 6 4 8.790 -2.730 Barclays 7 5.573 574 5 8 3.971 1.602 Nomura 7 5.697 622 5 6 5.438 0.259 HSBC 8 4.093 422 4 13 2.014 2.079 Daiwa Securities 8 4.624 505 3 20 0.517 4.107 Goldman Sachs 9 3.214 331 3 10 3.366 -0.152 HSBC 9 3.206 350 3 15 1.694 1.512 Credit Agricole CIB 10 2.674 276 3 7 4.415 -1.741 Goldman Sachs 10 3.034 331 3 7 5.418 -2.384 Morgan Stanley 11 2.622 270 3 4 8.853 -6.231 Barclays 11 2.840 310 3 11 3.340 -0.500 Natixis 12 2.460 254 3 12 2.029 0.431 Sumitomo Mitsui Financial 12 2.712 296 2 - - 2.712 Bank of America Merrill Lynch 13 1.940 200 2 - - 1.940 Morgan Stanley 13 2.573 281 3 3 9.465 -6.892 Jefferies 14 1.093 113 2 - - 1.093 Credit Agricole CIB 14 1.867 204 2 10 3.713 -1.846 Credit Suisse 15 0.987 102 1 14 1.841 -0.854 Bank of America Merrill Lynch 15 1.832 200 2 - - 1.832 Vontobel Holding AG 15 0.987 102 1 - - 0.987 Mizuho Financial 16 1.714 187 1 9 3.878 -2.164 Joh Berenberg Gossler & Co KG 17 0.897 93 1 - - 0.897 Natixis 17 1.664 182 2 14 1.706 -0.042 CLARKSONS PLATOU SECURITIES AS 18 0.849 88 1 - - 0.849 Credit Suisse 18 0.931 102 1 16 1.548 -0.617 DNB ASA 18 0.849 88 1 - - 0.849 Vontobel Holding AG 18 0.931 102 1 - - 0.931 Sberbank CIB CJSC 20 0.808 83 1 - - 0.808 Joh Berenberg Gossler & Co KG 20 0.847 93 1 - - 0.847 TOTAL 100% 10,307 29 100% TOTAL 100% 10,917 37 100%
Bloomberg League Table Reports Page 9 Bloomberg EMEA Capital Markets | H1 2018
EMEA Equity, Equity Linked & Rights - Syndication EMEA Equity Offerings H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) JP Morgan 1 9.015 8,601 36 1 8.722 0.293 Goldman Sachs 1 10.804 7,671 37 4 7.447 3.357 Goldman Sachs 2 8.816 8,412 37 4 6.764 2.052 JP Morgan 2 9.786 6,948 31 6 6.018 3.768 Citi 3 7.485 7,142 38 2 7.967 -0.482 Citi 3 8.312 5,902 32 1 10.033 -1.721 UBS 4 5.996 5,721 19 3 7.414 -1.418 Morgan Stanley 4 6.036 4,286 33 3 7.552 -1.516 Deutsche Bank 5 5.488 5,236 33 7 5.630 -0.142 UBS 5 5.661 4,020 17 2 9.533 -3.872 Morgan Stanley 6 5.035 4,804 36 5 6.758 -1.723 Bank of America Merrill Lynch 6 5.557 3,946 17 5 6.723 -1.166 Bank of America Merrill Lynch 7 4.537 4,329 19 6 5.868 -1.331 Credit Suisse 7 5.164 3,667 18 9 3.114 2.050 Credit Suisse 8 4.126 3,937 18 11 3.646 0.480 Deutsche Bank 8 5.037 3,577 27 7 5.102 -0.065 Barclays 9 3.698 3,529 29 10 3.694 0.004 Joh Berenberg Gossler & Co KG 9 3.029 2,151 21 13 2.263 0.766 Societe Generale 10 3.606 3,441 25 9 3.722 -0.116 Societe Generale 10 2.699 1,916 15 11 2.635 0.064 BNP Paribas 11 2.813 2,684 21 8 4.095 -1.282 BNP Paribas 11 2.270 1,612 12 10 2.721 -0.451 Joh Berenberg Gossler & Co KG 12 2.463 2,350 24 15 1.459 1.004 Barclays 12 2.076 1,474 21 8 4.123 -2.047 HSBC 13 2.185 2,085 14 12 2.176 0.009 Carnegie 13 1.957 1,389 26 14 1.801 0.156 Investec 14 1.863 1,778 12 46 0.242 1.621 Nordea 14 1.726 1,226 15 16 1.621 0.105 Credit Agricole CIB 15 1.532 1,462 8 14 1.646 -0.114 Investec 15 1.457 1,035 10 37 0.390 1.067 Carnegie 16 1.467 1,399 30 23 1.118 0.349 Jefferies 16 1.366 970 15 12 2.276 -0.910 Nordea 17 1.329 1,268 17 22 1.129 0.200 Standard Bank of South Africa 17 1.344 954 6 69 0.123 1.221 UniCredit 18 1.155 1,102 7 20 1.247 -0.092 Numis 18 1.307 928 12 15 1.771 -0.464 Banco Santander 19 1.107 1,057 9 16 1.396 -0.289 Pareto Securities 19 1.144 812 17 33 0.430 0.714 Numis 20 1.090 1,040 16 21 1.214 -0.124 ABN Amro Bank NV 20 1.084 769 10 17 1.459 -0.375 TOTAL 100% 95,412 455 100% TOTAL 100% 71,002 389 100%
EMEA Equity IPO EMEA Rights Offerings H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Citi 1 9.192 2,319 15 1 9.845 -0.653 Barclays 1 11.573 1,869 8 12 4.029 7.544 JP Morgan 2 8.119 2,049 12 6 4.753 3.366 HSBC 2 7.953 1,284 4 6 4.880 3.073 Morgan Stanley 3 6.963 1,757 13 7 4.021 2.942 JP Morgan 3 6.030 974 3 1 7.216 -1.186 Goldman Sachs 4 6.944 1,752 11 5 5.254 1.690 Goldman Sachs 4 5.261 850 3 4 5.696 -0.435 Deutsche Bank 5 6.618 1,670 10 3 6.953 -0.335 Banco Santander 5 5.052 816 4 16 3.712 1.340 Bank of America Merrill Lynch 6 6.180 1,559 8 9 3.704 2.476 Investec 6 4.444 718 1 52 0.003 4.441 UBS 7 5.745 1,450 6 2 7.459 -1.714 Citi 7 4.061 656 3 10 4.460 -0.399 BNP Paribas 8 5.125 1,293 8 13 2.237 2.888 Credit Agricole CIB 8 3.856 623 2 15 3.750 0.106 Credit Suisse 9 4.581 1,156 9 4 6.120 -1.539 Commerzbank 9 3.036 490 3 19 3.052 -0.016 Joh Berenberg Gossler & Co KG 10 3.691 931 7 16 1.948 1.743 ING Groep 10 3.028 489 4 20 2.145 0.883 Carnegie 11 2.538 640 8 11 2.424 0.114 Morgan Stanley 11 2.908 470 3 5 5.646 -2.738 Nordea 12 1.871 472 4 19 1.511 0.360 Societe Generale 12 2.805 453 3 9 4.604 -1.799 ABN Amro Bank NV 13 1.706 430 4 41 0.510 1.196 Credit Suisse 13 2.656 429 2 3 5.810 -3.154 Pareto Securities 14 1.654 417 2 37 0.567 1.087 Bank of America Merrill Lynch 14 2.595 419 2 2 6.205 -3.610 ING Groep 15 1.430 361 4 32 0.676 0.754 BNP Paribas 15 2.539 410 3 7 4.830 -2.291 UniCredit 16 1.401 353 3 21 1.183 0.218 Alinma Bank 16 2.472 399 1 - - 2.472 Barclays 17 1.397 353 3 10 2.484 -1.087 Intesa Sanpaolo 17 2.390 386 2 16 3.712 -1.322 SEB 18 1.276 322 5 20 1.419 -0.143 Deutsche Bank 18 2.356 380 2 8 4.659 -2.303 Jefferies 19 1.258 318 4 8 3.894 -2.636 Banco Bilbao Vizcaya Argentaria 19 2.165 350 1 16 3.712 -1.547 Societe Generale 20 1.196 302 6 24 0.945 0.251 Mitsubishi UFJ Financial Group Inc 19 2.165 350 1 - - 2.165 TOTAL 100% 25,230 100 100% TOTAL 100% 16,150 53 100%
Bloomberg League Table Reports Page 10 Bloomberg EMEA Capital Markets | H1 2018
AIM Equity Offerings Western Europe Equity, Equity Linked & Rights H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (GBP Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Liberum Capital Ltd 1 11.940 479 8 4 5.933 6.007 Goldman Sachs 1 9.655 6,806 37 4 7.057 2.598 Numis 2 9.426 378 16 5 5.343 4.083 JP Morgan 2 8.558 6,032 31 1 8.615 -0.057 Stifel 3 9.246 371 5 33 0.302 8.944 Citi 3 8.216 5,792 35 3 7.137 1.079 Equita SIM SpA 4 7.506 301 2 - - 7.506 UBS 4 6.067 4,277 18 2 7.702 -1.635 Cenkos Securities 5 6.329 254 12 1 22.906 -16.577 Morgan Stanley 5 5.718 4,031 37 5 6.786 -1.068 Joh Berenberg Gossler & Co KG 6 5.979 240 5 2 8.735 -2.756 Deutsche Bank 6 5.378 3,791 30 7 5.245 0.133 Investec 7 4.998 200 6 16 2.009 2.989 Bank of America Merrill Lynch 7 4.786 3,374 15 6 6.361 -1.575 Credit Suisse 8 4.387 176 1 - - 4.387 Credit Suisse 8 4.726 3,332 19 10 4.119 0.607 Intesa Sanpaolo 8 4.387 176 1 6 4.780 -0.393 Barclays 9 4.184 2,949 30 11 3.667 0.517 Zeus Capital 10 2.498 100 3 3 6.143 -3.645 Societe Generale 10 4.010 2,827 25 9 4.137 -0.127 UniCredit 11 2.186 88 2 - - 2.186 BNP Paribas 11 3.073 2,166 21 8 4.634 -1.561 Banca Popolare di Milano 12 2.184 88 1 - - 2.184 Joh Berenberg Gossler & Co KG 12 2.647 1,866 23 15 1.577 1.070 Macquarie 13 2.181 87 3 41 0.085 2.096 HSBC 13 2.346 1,653 13 12 2.165 0.181 Nplus1 Singer Ltd 14 1.755 70 3 11 3.344 -1.589 Credit Agricole CIB 14 1.803 1,271 9 14 1.895 -0.092 FinnCap 15 1.666 67 15 9 3.765 -2.099 Carnegie 15 1.603 1,130 29 24 1.263 0.340 Panmure Gordon 16 1.488 60 5 7 4.079 -2.591 Nordea 16 1.454 1,025 16 22 1.280 0.174 Goodbody 17 1.434 58 1 - - 1.434 Investec 17 1.259 887 7 42 0.246 1.013 Canaccord Genuity 18 1.390 56 4 13 2.530 -1.140 UniCredit 18 1.258 886 6 21 1.325 -0.067 Jefferies 19 1.197 48 1 12 2.787 -1.590 Banco Santander 19 1.185 835 7 18 1.545 -0.360 Smith & Williamson 20 1.165 47 2 19 1.417 -0.252 Jefferies 20 1.130 797 14 13 1.986 -0.856 TOTAL 100% 4,008 204 100% TOTAL 100% 70,492 387 100%
Eastern Europe Equity, Equity Linked & Rights MENA Equity, Equity Linked & Rights H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Bank of America Merrill Lynch 1 9.069 245 4 5 5.180 3.889 JP Morgan 1 24.982 985 3 - - 24.982 JP Morgan 2 7.078 191 3 11 3.582 3.496 Alinma Bank 2 10.121 399 1 - - 10.121 Goldman Sachs 3 7.032 190 3 3 5.939 1.093 Goldman Sachs 3 7.733 305 2 - - 7.733 Akbank TAS 4 6.293 170 3 - - 6.293 Emirates NBD PJSC 4 7.283 287 2 8 2.865 4.418 Citi 5 6.154 166 3 1 19.859 -13.705 DNB ASA 5 6.482 256 5 1 21.728 -15.246 Deutsche Bank 6 6.082 164 3 6 4.273 1.809 Citi 6 6.329 250 3 5 9.920 -3.591 Turkiye Garanti Bankasi AS 7 5.895 159 2 - - 5.895 CLARKSONS PLATOU SECURITIES AS 7 5.921 234 3 2 15.580 -9.659 HSBC 8 4.707 127 2 19 1.817 2.890 National Commercial Bank 8 4.394 173 1 - - 4.394 Unlu Menkul Degerler AS 9 4.114 111 2 21 1.562 2.552 BNP Paribas 9 3.452 136 1 - - 3.452 UniCredit 10 3.601 97 2 23 1.306 2.295 Credit Suisse 9 3.452 136 1 - - 3.452 Trigon Dom Maklerski SA 11 3.541 96 3 32 0.405 3.136 FirstRand Ltd 9 3.452 136 1 - - 3.452 TC Ziraat Bankasi 12 3.442 93 1 - - 3.442 Standard Bank of South Africa 9 3.452 136 1 - - 3.452 Turkiye IS Bankasi 12 3.442 93 1 22 1.503 1.939 Ubhar Capital SAOC 13 1.701 67 1 - - 1.701 Vakif Yatirim Menkul Degerler AS 12 3.442 93 1 - - 3.442 Grant Thornton International Ltd 14 1.513 60 1 - - 1.513 Yapi ve Kredi Bankasi AS 12 3.442 93 1 - - 3.442 Bank Muscat 15 1.436 57 2 - - 1.436 Sberbank CIB CJSC 16 3.326 90 2 8 3.961 -0.635 ABG Sundal Collier Asa 16 1.395 55 3 9 2.157 -0.762 Credit Suisse 17 2.317 63 1 20 1.771 0.546 Jefferies 17 1.336 53 1 - - 1.336 Morgan Stanley 18 2.246 61 1 10 3.643 -1.397 Danske Bank 18 0.834 33 1 - - 0.834 Erste Group Bank 19 2.104 57 2 15 2.025 0.079 Fearnley Securities AS 18 0.834 33 1 2 15.580 -14.746 Banco Santander 20 1.950 53 2 26 1.155 0.795 Pareto Securities 18 0.834 33 1 - - 0.834 TOTAL 100% 2,697 23 100% TOTAL 100% 3,944 21 100%
Bloomberg League Table Reports Page 11 Bloomberg EMEA Capital Markets | H1 2018
Africa Equity, Equity Linked & Rights H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Standard Bank of South Africa 1 21.863 954 6 13 1.620 20.243 Investec 2 14.980 654 4 - - 14.980 JP Morgan 3 11.946 521 4 2 14.161 -2.215 PSG Group Ltd 4 6.920 302 2 18 0.482 6.438 Citi 5 5.640 246 2 3 12.002 -6.362 Deutsche Bank 6 5.552 242 1 5 9.855 -4.303 Bank of America Merrill Lynch 7 4.971 217 2 - - 4.971 Barclays 8 3.835 167 3 4 11.717 -7.882 Java Capital 9 3.449 151 4 8 4.356 -0.907 BNP Paribas 10 3.120 136 1 - - 3.120 Credit Suisse 10 3.120 136 1 - - 3.120 FirstRand Ltd 10 3.120 136 1 7 4.780 -1.660 Societe Generale 13 2.520 110 1 - - 2.520 Goldman Sachs 14 2.322 101 1 - - 2.322 BMO Capital Markets 15 1.718 75 3 14 0.753 0.965 RBC Capital Markets 16 1.314 57 2 - - 1.314 Jefferies 17 1.208 53 1 - - 1.208 CFG Marches 18 0.490 21 1 - - 0.490 Upline Securities 18 0.490 21 1 - - 0.490 Barclays Africa Group Ltd 20 0.474 21 1 15 0.712 -0.238 TOTAL 100% 4,364 24 100%
Bloomberg League Table Reports Page 12 Bloomberg EMEA Capital Markets | H1 2018
EMEA Loans: Industry Breakdown EMEA Loans 11% 19% 6%
8%
EMEA Loans (Bookrunner) 17% 8%
H1 2018 H1 2017 9% 12% Mkt Volume (EUR Deal Prev Prev Mkt Mkt Share 10% Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) BNP Paribas 1 7.456 26,713 144 2 5.907 1.549 Credit Agricole CIB 2 5.414 19,400 120 5 4.674 0.740 Financials 19% Deutsche Bank 3 4.389 15,727 75 3 5.819 -1.430 Industrials 17% HSBC 4 4.363 15,632 113 1 6.862 -2.499 Consumer Discretionary 12% Citi 5 4.325 15,495 78 13 2.628 1.697 Communications 10% Societe Generale 6 4.150 14,871 95 7 4.406 -0.256 Materials 9% UniCredit 7 4.060 14,547 98 6 4.410 -0.350 Consumer Staples 8% JP Morgan 8 3.966 14,209 64 9 3.127 0.839 Energy 8% ING Groep 9 3.839 13,755 104 8 3.592 0.247 Utilities 6% Bank of America Merrill Lynch 10 3.063 10,975 55 4 5.211 -2.148 Others 11% Sumitomo Mitsui Financial 11 2.944 10,548 50 20 1.563 1.381 Goldman Sachs 12 2.882 10,328 44 15 2.528 0.354 Natixis 13 2.712 9,717 63 10 2.851 -0.139 EMEA Loans: Bookrunner Rankings History Commerzbank 14 2.607 9,340 69 11 2.780 -0.173 Banco Santander 15 2.550 9,135 67 17 2.159 0.391 2018 2017 2016 10 Mitsubishi UFJ Financial Group 16 2.430 8,705 46 18 2.105 0.325
Inc 8 ) %
Barclays 17 2.317 8,302 60 12 2.629 -0.312 (
e
r 6 a NatWest Markets 18 2.250 8,062 48 16 2.233 0.017 h S
t e
k 4 r
RBC Capital Markets 19 1.849 6,623 28 34 0.841 1.008 a M
Mizuho Financial 20 1.813 6,494 44 24 1.382 0.431 2 TOTAL 100% 358,300 538 100% 0 s k ti e a IB n C i l b C a B C ra ri S e a le B H n o e e P c h This table consists of loans with a market of syndication in the EMEA region. This excludes bilateral loans. There is a minimum threshold of 3 P ri c G N g ts te B A u ie it e c months for maturities. Please see League Table Standards and Guidelines for further details. d D o re S C
Bloomberg League Table Reports Page 13 Bloomberg EMEA Capital Markets | H1 2018
EMEA Loans (Mandated Lead Arranger) EMEA Loans (Administrative Agent) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) BNP Paribas 1 6.046 24,554 204 1 5.292 0.754 JP Morgan 1 8.841 33,885 18 9 3.504 5.337 HSBC 2 4.550 18,477 162 2 5.263 -0.713 BNP Paribas 2 6.407 24,557 29 7 3.733 2.674 Credit Agricole CIB 3 4.487 18,221 166 4 3.856 0.631 Deutsche Bank 3 6.077 23,293 27 5 4.356 1.721 Deutsche Bank 4 4.035 16,387 103 5 3.731 0.304 ING Groep 4 5.004 19,179 30 4 4.702 0.302 Citi 5 3.931 15,966 107 13 2.754 1.177 HSBC 5 4.856 18,611 26 1 13.128 -8.272 UniCredit 6 3.660 14,863 138 7 3.433 0.227 UniCredit 6 4.687 17,964 38 2 7.591 -2.904 Societe Generale 7 3.623 14,714 134 6 3.711 -0.088 Mizuho Financial 7 4.636 17,769 10 27 1.001 3.635 ING Groep 8 3.440 13,968 149 3 4.069 -0.629 Commerzbank 8 4.258 16,317 28 12 2.788 1.470 JP Morgan 9 3.137 12,739 83 8 3.158 -0.021 NatWest Markets 9 3.826 14,663 15 14 2.444 1.382 Sumitomo Mitsui Financial 10 3.100 12,587 75 18 1.889 1.211 Societe Generale 10 3.585 13,739 18 11 2.939 0.646 Barclays 11 3.047 12,375 92 10 2.918 0.129 Bank of America Merrill Lynch 11 3.508 13,445 13 8 3.562 -0.054 Commerzbank 12 2.848 11,565 111 9 3.023 -0.175 Credit Agricole CIB 12 3.442 13,191 38 3 6.891 -3.449 Bank of America Merrill Lynch 13 2.488 10,102 79 14 2.691 -0.203 Credit Suisse 13 2.916 11,177 12 20 1.325 1.591 Natixis 14 2.381 9,669 85 11 2.847 -0.466 Lloyds Bank 14 2.797 10,721 15 18 1.416 1.381 NatWest Markets 15 2.337 9,490 80 15 2.313 0.024 Barclays 15 2.760 10,577 13 6 4.167 -1.407 Mitsubishi UFJ Financial Group Inc 16 2.322 9,428 67 19 1.832 0.490 Natixis 16 2.708 10,378 20 13 2.462 0.246 Banco Santander 17 2.315 9,401 101 12 2.818 -0.503 Banco Santander 17 2.533 9,706 27 16 1.829 0.704 Credit Suisse 18 2.013 8,174 54 17 1.893 0.120 First Abu Dhabi Bank PJSC 18 2.199 8,426 15 26 1.031 1.168 Goldman Sachs 19 1.949 7,913 53 16 2.260 -0.311 Rabobank 19 2.176 8,339 11 10 2.958 -0.782 Mizuho Financial 20 1.822 7,401 61 20 1.807 0.015 Citi 20 2.053 7,870 6 15 1.856 0.197 TOTAL 100% 406,102 663 100% TOTAL 100% 383,262 629 100%
EMEA Leveraged Loans (Bookrunner) EMEA Leveraged Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Goldman Sachs 1 7.552 5,017 31 1 8.534 -0.982 Deutsche Bank 1 6.858 4,906 34 3 6.427 0.431 Deutsche Bank 2 6.975 4,633 31 2 6.759 0.216 BNP Paribas 2 6.557 4,691 41 2 6.864 -0.307 BNP Paribas 3 6.726 4,468 34 3 6.674 0.052 HSBC 3 6.323 4,524 32 6 4.760 1.563 JP Morgan 4 5.911 3,927 27 5 5.787 0.124 JP Morgan 4 5.826 4,168 28 5 5.781 0.045 HSBC 5 5.613 3,729 28 6 4.795 0.818 Goldman Sachs 5 5.814 4,160 31 1 7.840 -2.026 Barclays 6 5.560 3,694 27 8 4.686 0.874 Barclays 6 5.428 3,883 29 7 4.650 0.778 Credit Agricole CIB 7 4.916 3,266 24 10 4.475 0.441 Credit Suisse 7 4.542 3,250 27 4 5.892 -1.350 Credit Suisse 8 4.778 3,174 25 4 6.021 -1.243 ING Groep 8 4.206 3,009 31 13 3.050 1.156 ING Groep 9 3.948 2,623 24 14 3.161 0.787 Citi 9 3.782 2,706 17 20 1.584 2.198 Natixis 10 3.831 2,545 20 9 4.523 -0.692 Credit Agricole CIB 10 3.746 2,680 32 8 4.415 -0.669 Societe Generale 11 3.544 2,354 19 15 2.903 0.641 Bank of America Merrill Lynch 11 3.404 2,435 20 11 3.635 -0.231 DNB ASA 12 3.345 2,222 4 27 0.800 2.545 Natixis 12 3.372 2,413 24 10 3.886 -0.514 Citi 13 3.251 2,160 15 20 1.423 1.828 Societe Generale 13 3.106 2,222 24 16 2.630 0.476 Bank of America Merrill Lynch 14 3.237 2,150 19 11 3.830 -0.593 RBC Capital Markets 14 2.678 1,916 18 19 1.782 0.896 Morgan Stanley 15 3.207 2,130 13 13 3.309 -0.102 Rabobank 15 2.641 1,889 13 17 2.002 0.639 RBC Capital Markets 16 3.077 2,044 17 18 1.854 1.223 UniCredit 16 2.363 1,691 23 12 3.092 -0.729 Rabobank 17 2.428 1,613 10 17 1.939 0.489 Sumitomo Mitsui Financial 17 2.059 1,473 16 27 0.934 1.125 UniCredit 18 2.176 1,446 17 12 3.467 -1.291 Nordea 18 1.808 1,294 6 29 0.840 0.968 Sumitomo Mitsui Financial 19 2.147 1,426 12 24 1.079 1.068 Morgan Stanley 19 1.804 1,291 14 14 2.844 -1.040 Mizuho Financial 20 1.827 1,214 9 31 0.617 1.210 Mizuho Financial 20 1.614 1,155 9 26 0.952 0.662 TOTAL 100% 66,429 129 100% TOTAL 100% 71,545 145 100%
Bloomberg League Table Reports Page 14 Bloomberg EMEA Capital Markets | H1 2018
EMEA Sponsor-led Leveraged Loans (Bookrunner) EMEA Sponsor-led Leveraged Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Deutsche Bank 1 7.369 3,878 25 2 7.524 -0.155 Deutsche Bank 1 7.263 4,190 28 2 7.121 0.142 Goldman Sachs 2 7.153 3,764 26 3 7.118 0.035 BNP Paribas 2 6.434 3,712 32 1 7.825 -1.391 BNP Paribas 3 6.903 3,633 26 1 7.813 -0.910 Goldman Sachs 3 6.041 3,485 26 3 6.269 -0.228 JP Morgan 4 5.866 3,087 20 8 4.449 1.417 HSBC 4 5.972 3,445 27 9 4.155 1.817 HSBC 5 5.447 2,866 24 10 4.109 1.338 JP Morgan 5 5.770 3,328 21 7 4.467 1.303 Natixis 6 4.709 2,478 19 6 5.177 -0.468 Barclays 6 4.679 2,699 22 11 3.531 1.148 Barclays 7 4.695 2,471 20 13 3.389 1.306 Credit Suisse 7 4.283 2,470 19 4 5.727 -1.444 Credit Suisse 8 4.540 2,389 18 4 5.894 -1.354 ING Groep 8 4.201 2,423 28 12 3.492 0.709 ING Groep 9 4.281 2,253 22 12 3.628 0.653 Natixis 9 3.750 2,163 22 8 4.393 -0.643 DNB ASA 10 4.222 2,222 4 28 0.778 3.444 Citi 10 3.606 2,080 11 21 1.654 1.952 Societe Generale 11 4.196 2,208 18 16 2.983 1.213 Credit Agricole CIB 11 3.534 2,038 28 5 5.079 -1.545 Credit Agricole CIB 12 3.827 2,014 20 7 5.172 -1.345 Societe Generale 12 3.166 1,826 21 16 2.701 0.465 Citi 13 3.325 1,750 10 20 1.650 1.675 Bank of America Merrill Lynch 13 3.113 1,796 14 15 2.866 0.247 RBC Capital Markets 14 3.302 1,738 15 18 1.783 1.519 Rabobank 14 3.050 1,760 12 17 1.982 1.068 Rabobank 15 2.818 1,483 9 17 1.859 0.959 RBC Capital Markets 15 2.790 1,610 16 19 1.733 1.057 Bank of America Merrill Lynch 16 2.797 1,472 13 14 3.087 -0.290 Sumitomo Mitsui Financial 16 2.489 1,436 15 24 1.190 1.299 Sumitomo Mitsui Financial 17 2.640 1,389 11 23 1.378 1.262 UniCredit 17 2.412 1,391 21 10 3.794 -1.382 UniCredit 18 2.178 1,146 15 9 4.276 -2.098 Nordea 18 2.243 1,294 6 25 1.071 1.172 Morgan Stanley 19 1.768 931 9 11 3.833 -2.065 SEB 19 1.608 928 7 31 0.668 0.940 ABN Amro Bank NV 20 1.708 899 4 26 0.895 0.813 ABN Amro Bank NV 20 1.597 921 5 28 0.853 0.744 TOTAL 100% 52,627 109 100% TOTAL 100% 57,686 124 100%
Europe Corporate Loans (Bookrunner) Europe Corporate Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) BNP Paribas 1 9.828 18,540 84 4 5.960 3.868 BNP Paribas 1 6.415 13,066 117 2 5.186 1.229 Credit Agricole CIB 2 5.919 11,166 69 7 4.170 1.749 Credit Agricole CIB 2 4.625 9,419 90 8 3.554 1.071 Societe Generale 3 5.308 10,014 54 6 4.377 0.931 Societe Generale 3 4.519 9,204 74 4 4.109 0.410 JP Morgan 4 4.255 8,026 23 15 2.403 1.852 UniCredit 4 3.999 8,145 74 6 3.918 0.081 HSBC 5 4.206 7,934 59 1 8.320 -4.114 HSBC 5 3.982 8,110 87 1 5.614 -1.632 UniCredit 6 3.867 7,295 51 5 5.281 -1.414 Commerzbank 6 3.467 7,061 76 5 4.058 -0.591 Banco Santander 7 3.641 6,869 52 11 2.914 0.727 Sumitomo Mitsui Financial 7 3.426 6,977 29 18 2.370 1.056 Deutsche Bank 8 3.613 6,816 30 3 5.999 -2.386 Banco Santander 8 3.329 6,780 73 7 3.845 -0.516 ING Groep 9 3.477 6,560 40 8 3.640 -0.163 NatWest Markets 9 3.133 6,381 48 13 3.050 0.083 Citi 10 3.403 6,420 34 14 2.567 0.836 ING Groep 10 3.027 6,165 56 3 4.206 -1.179 NatWest Markets 11 3.388 6,390 30 12 2.903 0.485 Deutsche Bank 11 2.983 6,075 46 14 2.980 0.003 Sumitomo Mitsui Financial 12 3.315 6,253 19 21 1.583 1.732 Citi 12 2.961 6,031 48 11 3.153 -0.192 Commerzbank 13 3.215 6,065 50 9 3.579 -0.364 Barclays 13 2.907 5,921 48 10 3.237 -0.330 Natixis 14 3.176 5,991 35 23 1.443 1.733 Bank of America Merrill Lynch 14 2.849 5,803 42 9 3.319 -0.470 Bank of America Merrill Lynch 15 2.804 5,289 25 2 7.159 -4.355 JP Morgan 15 2.809 5,722 34 12 3.074 -0.265 Goldman Sachs 16 2.676 5,048 10 30 0.825 1.851 Mitsubishi UFJ Financial Group Inc 16 2.770 5,641 39 15 2.720 0.050 Mitsubishi UFJ Financial Group Inc 17 2.536 4,784 25 10 3.364 -0.828 Natixis 17 2.621 5,338 47 19 1.992 0.629 Barclays 18 2.118 3,995 27 16 2.287 -0.169 Intesa Sanpaolo 18 2.268 4,619 35 20 1.906 0.362 Intesa Sanpaolo 19 1.972 3,721 21 13 2.791 -0.819 Credit Suisse 19 2.169 4,417 20 33 0.996 1.173 Rabobank 20 1.745 3,292 21 22 1.555 0.190 Banco Bilbao Vizcaya Argentaria 20 2.152 4,383 43 17 2.498 -0.346 TOTAL 100% 188,645 234 100% TOTAL 100% 203,669 277 100%
Bloomberg League Table Reports Page 15 Bloomberg EMEA Capital Markets | H1 2018
Western Europe Loans (Bookrunner) Western Europe Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) BNP Paribas 1 7.938 26,673 142 3 6.171 1.767 BNP Paribas 1 6.481 24,345 200 1 5.674 0.807 Credit Agricole CIB 2 5.464 18,360 113 5 4.934 0.530 Credit Agricole CIB 2 4.648 17,459 157 3 4.177 0.471 Deutsche Bank 3 4.637 15,581 71 2 6.210 -1.573 HSBC 3 4.555 17,111 148 2 5.432 -0.877 Citi 4 4.401 14,787 70 15 2.414 1.987 Deutsche Bank 4 4.267 16,030 98 5 4.003 0.264 HSBC 5 4.373 14,693 104 1 6.951 -2.578 Citi 5 4.022 15,110 98 14 2.715 1.307 Societe Generale 6 4.327 14,539 89 6 4.589 -0.262 Societe Generale 6 3.739 14,045 123 6 3.939 -0.200 JP Morgan 7 4.209 14,141 62 9 3.264 0.945 UniCredit 7 3.572 13,417 125 7 3.522 0.050 ING Groep 8 3.938 13,233 93 8 3.510 0.428 ING Groep 8 3.455 12,978 131 4 4.123 -0.668 UniCredit 9 3.937 13,229 90 7 4.358 -0.421 JP Morgan 9 3.373 12,672 81 8 3.373 0.000 Bank of America Merrill Lynch 10 3.235 10,869 53 4 5.580 -2.345 Barclays 10 3.293 12,369 91 10 3.163 0.130 Sumitomo Mitsui Financial 11 3.058 10,276 48 20 1.600 1.458 Sumitomo Mitsui Financial 11 3.278 12,316 73 17 1.987 1.291 Goldman Sachs 12 3.057 10,271 43 14 2.711 0.346 Commerzbank 12 3.007 11,296 106 9 3.180 -0.173 Natixis 13 2.804 9,422 61 10 3.057 -0.253 Bank of America Merrill Lynch 13 2.679 10,063 77 13 2.923 -0.244 Commerzbank 14 2.767 9,297 68 11 2.856 -0.089 NatWest Markets 14 2.526 9,490 80 15 2.527 -0.001 Banco Santander 15 2.710 9,105 66 17 2.254 0.456 Natixis 15 2.479 9,312 83 11 2.988 -0.509 Barclays 16 2.469 8,296 59 12 2.791 -0.322 Banco Santander 16 2.436 9,150 98 12 2.982 -0.546 Mitsubishi UFJ Financial Group Inc 17 2.468 8,291 43 18 2.246 0.222 Mitsubishi UFJ Financial Group Inc 17 2.360 8,865 63 18 1.979 0.381 NatWest Markets 18 2.399 8,062 48 16 2.394 0.005 Credit Suisse 18 2.081 7,818 48 20 1.954 0.127 RBC Capital Markets 19 1.971 6,623 28 32 0.902 1.069 Goldman Sachs 19 2.052 7,707 51 16 2.470 -0.418 Mizuho Financial 20 1.848 6,208 42 24 1.470 0.378 Mizuho Financial 20 1.896 7,121 59 19 1.955 -0.059 TOTAL 100% 336,011 471 100% TOTAL 100% 375,658 578 100%
Central & Eastern European Borrower Loans (Bookrunner) Central & Eastern European Borrower Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) UniCredit 1 13.051 2,155 20 2 9.245 3.806 UniCredit 1 9.518 2,447 28 2 6.445 3.073 Deutsche Bank 2 10.562 1,744 11 8 3.923 6.639 Deutsche Bank 2 8.971 2,306 16 12 2.423 6.548 ING Groep 3 7.078 1,168 20 1 10.988 -3.910 ING Groep 3 7.857 2,020 33 1 8.408 -0.551 Intesa Sanpaolo 4 6.347 1,048 4 - - 6.347 Societe Generale 4 5.043 1,296 21 3 5.009 0.034 Mitsubishi UFJ Financial Group Inc 5 6.238 1,030 8 10 2.961 3.277 Intesa Sanpaolo 5 4.527 1,164 6 24 1.419 3.108 Societe Generale 6 4.867 803 13 3 6.795 -1.928 Standard Chartered Bank 6 3.410 877 13 15 2.149 1.261 Credit Agricole CIB 7 3.957 653 5 20 1.431 2.526 Commerzbank 7 3.372 867 12 5 3.618 -0.246 Commerzbank 8 3.514 580 8 6 4.344 -0.830 BNP Paribas 8 3.340 859 12 16 2.023 1.317 Sumitomo Mitsui Financial 9 2.993 494 6 15 2.444 0.549 Mitsubishi UFJ Financial Group Inc 9 3.144 808 11 25 1.417 1.727 Standard Chartered Bank 10 2.980 492 9 16 2.114 0.866 Citi 10 2.898 745 13 4 4.445 -1.547 Citi 11 2.962 489 10 4 5.436 -2.474 Credit Agricole CIB 11 2.323 597 8 35 0.852 1.471 Emirates NBD PJSC 12 2.466 407 8 19 1.927 0.539 HSBC 12 2.291 589 8 6 3.022 -0.731 BNP Paribas 13 2.103 347 6 11 2.780 -0.677 Industrial & Comm Bank of China 13 2.203 566 9 8 2.862 -0.659 Mizuho Financial 14 2.091 345 6 29 1.172 0.919 Raiffeisen Bank International Group 14 2.054 528 11 14 2.177 -0.123 First Abu Dhabi Bank PJSC 15 2.048 338 6 32 0.749 1.299 Mizuho Financial 15 1.775 456 8 21 1.513 0.262 HSBC 16 2.008 332 5 12 2.761 -0.753 Emirates NBD PJSC 16 1.747 449 9 18 1.586 0.161 JP Morgan 17 1.895 313 5 30 1.137 0.758 First Abu Dhabi Bank PJSC 17 1.737 446 8 38 0.783 0.954 Bank of America Merrill Lynch 18 1.753 289 4 5 4.833 -3.080 Erste Group Bank 18 1.732 445 6 10 2.571 -0.839 Kommunalkredit Austria AG 19 1.636 270 1 35 0.645 0.991 Sumitomo Mitsui Financial 19 1.649 424 7 9 2.696 -1.047 Industrial & Comm Bank of China 20 1.480 244 4 34 0.721 0.759 Bank of China 20 1.575 405 3 13 2.302 -0.727 TOTAL 100% 16,508 44 100% TOTAL 100% 25,705 59 100%
Bloomberg League Table Reports Page 16 Bloomberg EMEA Capital Markets | H1 2018
Nordic Loans (Bookrunner) Nordic Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Nordea 1 15.254 3,574 24 1 12.146 3.108 Nordea 1 15.002 4,619 42 1 12.064 2.938 DNB ASA 2 13.971 3,273 12 2 9.094 4.877 Danske Bank 2 10.507 3,235 32 2 9.966 0.541 Citi 3 7.525 1,763 6 19 1.894 5.631 SEB 3 9.418 2,899 30 4 8.066 1.352 SEB 4 7.210 1,689 16 6 5.444 1.766 DNB ASA 4 6.781 2,088 21 3 9.500 -2.719 Danske Bank 5 4.923 1,153 11 3 9.051 -4.128 Citi 5 5.314 1,636 7 9 2.726 2.588 BNP Paribas 6 4.356 1,021 7 8 3.267 1.089 BNP Paribas 6 4.440 1,367 10 7 3.577 0.863 JP Morgan 7 4.025 943 3 17 2.108 1.917 JP Morgan 7 4.051 1,247 4 12 2.340 1.711 Deutsche Bank 8 3.034 711 4 5 6.700 -3.666 Barclays 8 3.330 1,025 5 17 1.781 1.549 Barclays 9 2.828 662 3 23 1.583 1.245 Deutsche Bank 9 3.297 1,015 5 14 2.289 1.008 HSBC 10 2.748 644 3 9 2.820 -0.072 HSBC 10 3.080 948 4 8 2.904 0.176 Bank of China 11 2.433 570 4 38 0.225 2.208 Swedbank 11 3.042 937 14 5 4.746 -1.704 Macquarie 12 2.349 550 1 - - 2.349 Svenska Handelsbanken 12 2.586 796 12 6 4.501 -1.915 ING Groep 13 2.229 522 7 11 2.565 -0.336 Nykredit Bank A/S 13 2.421 745 4 26 1.301 1.120 Svenska Handelsbanken 14 2.115 496 5 7 3.282 -1.167 ING Groep 14 2.025 624 10 11 2.397 -0.372 OP Cooperative 15 1.972 462 4 27 1.199 0.773 Sumitomo Mitsui Financial 15 1.982 610 6 24 1.472 0.510 Sumitomo Mitsui Financial 16 1.914 448 3 20 1.855 0.059 Mitsubishi UFJ Financial Group Inc 16 1.741 536 4 32 0.677 1.064 Swedbank 17 1.686 395 5 12 2.533 -0.847 OP Cooperative 17 1.691 520 8 23 1.489 0.202 ABN Amro Bank NV 18 1.543 361 2 18 1.919 -0.376 Bank of China 18 1.491 459 4 44 0.179 1.312 Goldman Sachs 19 1.409 330 1 14 2.367 -0.958 Macquarie 19 1.430 440 1 - - 1.430 UniCredit 20 1.356 318 4 25 1.334 0.022 UniCredit 20 1.249 384 5 16 2.109 -0.860 TOTAL 100% 23,428 40 100% TOTAL 100% 30,786 60 100%
Russia & CIS Borrower Loans (Bookrunner) Russia & CIS Borrower Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Deutsche Bank 1 21.978 1,342 4 6 6.021 15.957 Deutsche Bank 1 22.770 1,637 6 16 2.762 20.008 ING Groep 2 13.051 797 9 1 16.532 -3.481 ING Groep 2 15.466 1,112 13 1 11.601 3.865 UniCredit 3 11.611 709 6 3 11.139 0.472 UniCredit 3 14.242 1,024 10 2 8.235 6.007 Societe Generale 4 9.127 557 7 2 12.192 -3.065 Societe Generale 4 8.841 636 9 7 4.572 4.269 Commerzbank 5 5.062 309 2 8 4.992 0.070 Credit Agricole CIB 5 5.304 381 4 18 2.488 2.816 Credit Agricole CIB 6 5.017 306 3 9 4.917 0.100 Commerzbank 6 4.345 312 3 10 3.764 0.581 Natixis 7 3.716 227 2 - - 3.716 Mitsubishi UFJ Financial Group Inc 7 3.894 280 3 28 0.832 3.062 Sumitomo Mitsui Financial 8 3.684 225 1 - - 3.684 Natixis 8 3.388 244 3 24 1.640 1.748 Mitsubishi UFJ Financial Group Inc 9 3.356 205 2 - - 3.356 Intesa Sanpaolo 9 2.491 179 2 19 1.970 0.521 Bank of China 10 2.879 176 1 14 2.509 0.370 Bank of China 10 2.445 176 1 16 2.762 -0.317 China Construction Bank 10 2.879 176 1 - - 2.879 China Construction Bank 10 2.445 176 1 20 1.954 0.491 Intesa Sanpaolo 10 2.879 176 1 - - 2.879 Sberbank CIB CJSC 12 2.032 146 3 3 7.612 -5.580 Sberbank CIB CJSC 13 2.339 143 2 4 8.694 -6.355 Nordea 13 1.967 141 2 11 3.565 -1.598 Nordea 14 2.315 141 2 13 3.688 -1.373 Raiffeisen Bank International Group 14 1.949 140 3 14 2.915 -0.966 HSBC 15 1.754 107 1 15 2.484 -0.730 HSBC 15 1.490 107 1 21 1.810 -0.320 Alfa Bank 16 1.700 104 3 16 1.269 0.431 Alfa Bank 16 1.263 91 3 27 0.973 0.290 Citi 17 1.342 82 2 7 5.645 -4.303 Citi 17 1.140 82 2 8 4.328 -3.188 Raiffeisen Bank International Group 18 0.793 48 1 17 1.254 -0.461 BNP Paribas 18 0.816 59 2 - - 0.816 ABN Amro Bank NV 19 0.688 42 1 - - 0.688 Kreditanstalt fuer Wiederaufbau 19 0.765 55 2 - - 0.765 BNP Paribas 19 0.688 42 1 - - 0.688 ABN Amro Bank NV 20 0.584 42 1 29 0.808 -0.224 TOTAL 100% 6,108 15 100% TOTAL 100% 7,191 19 100%
Bloomberg League Table Reports Page 17 Bloomberg EMEA Capital Markets | H1 2018
Benelux Borrower Loans (Bookrunner) Benelux Borrower Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Deutsche Bank 1 10.629 5,317 17 1 11.320 -0.691 Deutsche Bank 1 9.925 5,739 24 1 9.329 0.596 ING Groep 2 8.793 4,399 26 3 6.311 2.482 BNP Paribas 2 6.930 4,007 34 3 7.148 -0.218 BNP Paribas 3 7.789 3,896 24 4 6.226 1.563 ING Groep 3 5.582 3,228 31 4 5.444 0.138 Rabobank 4 5.968 2,986 19 6 5.906 0.062 HSBC 4 5.024 2,905 21 12 3.210 1.814 HSBC 5 5.018 2,510 15 8 4.802 0.216 Rabobank 5 4.851 2,805 23 6 4.988 -0.137 Societe Generale 6 4.578 2,291 12 9 4.563 0.015 JP Morgan 6 4.430 2,561 15 2 7.915 -3.485 ABN Amro Bank NV 7 4.415 2,209 11 10 4.018 0.397 Credit Agricole CIB 7 4.072 2,355 18 15 2.472 1.600 Bank of America Merrill Lynch 8 4.373 2,188 9 12 3.419 0.954 ABN Amro Bank NV 8 3.927 2,271 18 9 3.864 0.063 Credit Agricole CIB 9 4.141 2,071 10 18 1.922 2.219 Bank of America Merrill Lynch 9 3.798 2,196 15 10 3.545 0.253 JP Morgan 10 3.970 1,986 10 2 8.716 -4.746 Goldman Sachs 10 3.419 1,977 16 7 4.461 -1.042 Credit Suisse 11 3.338 1,670 9 7 5.176 -1.838 Credit Suisse 11 3.397 1,965 13 5 5.015 -1.618 Goldman Sachs 12 3.318 1,660 13 5 6.068 -2.750 Societe Generale 12 3.389 1,960 15 11 3.441 -0.052 Citi 13 3.243 1,622 11 14 2.825 0.418 Citi 13 3.004 1,737 14 8 3.908 -0.904 Barclays 14 3.163 1,582 8 13 3.325 -0.162 Barclays 14 2.804 1,622 11 14 2.936 -0.132 Natixis 15 2.520 1,261 5 21 0.965 1.555 NatWest Markets 15 2.298 1,329 11 24 0.864 1.434 Mizuho Financial 16 2.191 1,096 5 32 0.479 1.712 Natixis 16 2.261 1,307 7 18 1.721 0.540 RBC Capital Markets 17 2.068 1,035 6 16 2.234 -0.166 UniCredit 17 2.175 1,258 6 22 1.178 0.997 NatWest Markets 18 1.853 927 6 28 0.522 1.331 Mizuho Financial 18 1.783 1,031 7 26 0.793 0.990 UniCredit 19 1.617 809 2 20 1.204 0.413 RBC Capital Markets 19 1.538 889 7 19 1.713 -0.175 Mitsubishi UFJ Financial Group Inc 20 1.356 678 4 23 0.768 0.588 Mitsubishi UFJ Financial Group Inc 20 1.483 857 7 20 1.363 0.120 TOTAL 100% 50,027 67 100% TOTAL 100% 57,825 77 100%
German Borrower Loans (Bookrunner) German Borrower Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) BNP Paribas 1 13.529 7,660 9 6 4.669 8.860 Commerzbank 1 9.790 5,625 40 1 11.154 -1.364 Commerzbank 2 9.994 5,659 29 2 12.758 -2.764 UniCredit 2 6.618 3,802 30 2 8.720 -2.102 JP Morgan 3 8.958 5,072 5 19 1.524 7.434 Deutsche Bank 3 4.701 2,700 17 3 7.383 -2.682 UniCredit 4 5.071 2,871 22 1 13.285 -8.214 Citi 4 4.511 2,591 5 8 3.941 0.570 Landesbank Baden-Wuerttemberg 5 4.785 2,709 14 5 5.150 -0.365 JP Morgan 5 4.307 2,475 6 18 1.719 2.588 Citi 6 3.978 2,252 4 8 4.150 -0.172 Landesbank Baden-Wuerttemberg 6 4.263 2,449 22 5 4.887 -0.624 Deutsche Bank 7 3.272 1,853 13 3 8.240 -4.968 Bank of America Merrill Lynch 7 3.850 2,212 6 12 2.771 1.079 Bank of America Merrill Lynch 8 3.271 1,852 5 12 3.001 0.270 Societe Generale 8 3.622 2,081 4 15 2.161 1.461 ING Groep 9 2.956 1,673 5 11 3.125 -0.169 BNP Paribas 9 3.539 2,033 12 7 4.044 -0.505 Credit Agricole CIB 10 2.738 1,550 5 14 1.948 0.790 ING Groep 10 3.472 1,995 8 14 2.647 0.825 Credit Suisse 11 2.311 1,308 4 17 1.589 0.722 Credit Agricole CIB 11 3.231 1,856 7 17 1.744 1.487 Barclays 12 2.034 1,152 4 24 0.989 1.045 Barclays 12 3.115 1,789 6 22 1.442 1.673 HSBC 13 1.851 1,048 4 10 3.528 -1.677 NatWest Markets 13 2.471 1,420 4 21 1.483 0.988 Intesa Sanpaolo 14 1.793 1,015 2 34 0.277 1.516 Sumitomo Mitsui Financial 14 2.347 1,349 4 19 1.682 0.665 Mediobanca 14 1.793 1,015 2 - - 1.793 Credit Suisse 15 2.277 1,308 4 20 1.537 0.740 Goldman Sachs 16 1.754 993 4 4 7.686 -5.932 Mediobanca 16 2.121 1,218 3 - - 2.121 Natixis 17 1.627 921 2 26 0.840 0.787 Mitsubishi UFJ Financial Group Inc 17 2.115 1,215 2 27 1.016 1.099 NatWest Markets 17 1.627 921 2 16 1.813 -0.186 HSBC 18 1.872 1,075 5 10 3.507 -1.635 RBC Capital Markets 17 1.627 921 2 29 0.626 1.001 Intesa Sanpaolo 19 1.767 1,015 2 57 0.133 1.634 Mizuho Financial 20 1.613 913 2 27 0.828 0.785 BayernLB 20 1.692 972 8 6 4.288 -2.596 TOTAL 100% 56,621 59 100% TOTAL 100% 57,449 64 100%
Bloomberg League Table Reports Page 18 Bloomberg EMEA Capital Markets | H1 2018
MENA Borrower Loans (Bookrunner) MENA Borrower Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Standard Chartered Bank 1 8.926 3,638 10 4 5.661 3.265 HSBC 1 8.624 4,076 16 3 5.949 2.675 Citi 2 8.846 3,605 12 3 6.155 2.691 Standard Chartered Bank 2 7.265 3,434 11 2 6.095 1.170 HSBC 3 7.384 3,009 11 2 7.190 0.194 Citi 3 7.197 3,402 13 16 2.256 4.941 Mitsubishi UFJ Financial Group Inc 4 6.810 2,775 5 31 0.784 6.026 Mizuho Financial 4 5.906 2,792 6 9 2.620 3.286 Mizuho Financial 5 5.460 2,225 5 46 0.246 5.214 Sumitomo Mitsui Financial 5 5.836 2,758 5 18 1.982 3.854 Credit Agricole CIB 6 5.091 2,075 4 31 0.784 4.307 Mitsubishi UFJ Financial Group Inc 6 5.307 2,508 5 5 3.879 1.428 Sumitomo Mitsui Financial 7 4.969 2,025 4 25 1.042 3.927 BNP Paribas 7 4.408 2,083 3 15 2.266 2.142 JP Morgan 8 4.842 1,973 4 17 1.907 2.935 JP Morgan 8 3.611 1,707 4 31 1.092 2.519 Industrial & Comm Bank of China 9 4.417 1,800 3 18 1.766 2.651 Credit Agricole CIB 9 3.559 1,682 5 10 2.602 0.957 Bank of China 10 3.926 1,600 2 19 1.520 2.406 Industrial & Comm Bank of China 10 3.320 1,569 4 19 1.774 1.546 National Bank of Egypt 11 3.455 1,408 13 6 4.347 -0.892 First Abu Dhabi Bank PJSC 11 3.044 1,439 13 1 6.161 -3.117 First Abu Dhabi Bank PJSC 12 3.214 1,310 12 1 14.372 -11.158 Bank of China 12 2.997 1,417 3 28 1.165 1.832 Banque Misr SAE 13 3.076 1,253 11 7 4.016 -0.940 Goldman Sachs 13 2.972 1,405 3 - - 2.972 Commercial International Bank of Egypt 14 2.123 865 7 12 2.926 -0.803 National Bank of Kuwait 14 2.850 1,347 3 69 0.221 2.629 National Bank of Kuwait 15 2.055 837 2 41 0.386 1.669 National Bank of Egypt 15 2.587 1,223 13 12 2.489 0.098 BNP Paribas 16 1.840 750 1 41 0.386 1.454 Banque Misr SAE 16 2.310 1,092 11 14 2.324 -0.014 Emirates NBD PJSC 17 1.639 668 6 15 2.540 -0.901 Emirates NBD PJSC 17 1.792 847 10 11 2.525 -0.733 CIBC 18 1.571 640 1 - - 1.571 Commercial International Bank of Egypt 18 1.643 776 8 30 1.134 0.509 Kuwait Finance House 19 1.421 579 2 33 0.773 0.648 Abu Dhabi Commercial Bank 19 1.560 737 7 7 3.245 -1.685 Arab African International Bank 20 1.419 578 6 9 3.481 -2.062 Credit Suisse 20 1.204 569 3 25 1.276 -0.072 TOTAL 100% 40,750 45 100% TOTAL 100% 47,266 59 100%
GCC Borrower Loans (Bookrunner) GCC Borrower Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Standard Chartered Bank 1 10.603 3,563 9 4 6.894 3.709 HSBC 1 9.630 3,788 12 2 6.920 2.710 Citi 2 9.911 3,330 9 3 7.327 2.584 Standard Chartered Bank 2 8.539 3,359 10 1 7.091 1.448 HSBC 3 8.333 2,800 8 2 8.756 -0.423 Citi 3 7.948 3,127 10 15 2.189 5.759 Mitsubishi UFJ Financial Group Inc 4 7.961 2,675 4 25 0.955 7.006 Mizuho Financial 4 7.096 2,792 6 9 3.047 4.049 Mizuho Financial 5 6.622 2,225 5 41 0.299 6.323 Sumitomo Mitsui Financial 5 6.757 2,658 4 25 1.311 5.446 Credit Agricole CIB 6 6.073 2,040 3 25 0.955 5.118 Mitsubishi UFJ Financial Group Inc 6 6.122 2,408 4 6 3.690 2.432 JP Morgan 7 5.873 1,973 4 13 2.322 3.551 BNP Paribas 7 5.296 2,083 3 12 2.636 2.660 Sumitomo Mitsui Financial 8 5.729 1,925 3 25 0.955 4.774 JP Morgan 8 4.338 1,707 4 26 1.270 3.068 Industrial & Comm Bank of China 9 5.357 1,800 3 14 2.151 3.206 Credit Agricole CIB 9 4.190 1,648 4 10 3.027 1.163 Bank of China 10 4.762 1,600 2 15 1.851 2.911 Industrial & Comm Bank of China 10 3.988 1,569 4 16 2.063 1.925 First Abu Dhabi Bank PJSC 11 3.276 1,101 9 1 15.592 -12.316 Bank of China 11 3.601 1,417 3 23 1.356 2.245 National Bank of Kuwait 12 2.492 837 2 36 0.471 2.021 Goldman Sachs 12 3.570 1,405 3 - - 3.570 BNP Paribas 13 2.232 750 1 36 0.471 1.761 National Bank of Kuwait 13 3.425 1,347 3 58 0.257 3.168 CIBC 14 1.905 640 1 - - 1.905 First Abu Dhabi Bank PJSC 14 3.126 1,230 10 3 6.473 -3.347 Kuwait Finance House 15 1.723 579 2 28 0.941 0.782 Abu Dhabi Commercial Bank 15 1.874 737 7 8 3.457 -1.583 Emirates NBD PJSC 16 1.467 493 4 11 3.093 -1.626 Emirates NBD PJSC 16 1.628 640 7 13 2.335 -0.707 Al-Rajhi Banking & Investment Corp 17 1.311 440 1 - - 1.311 Banque Saudi Fransi 17 1.367 538 4 17 1.889 -0.522 Arab National Bank 17 1.311 440 1 - - 1.311 Al Ahli Bank of Kuwait 18 1.216 478 2 43 0.638 0.578 Banque Saudi Fransi 17 1.311 440 1 - - 1.311 Credit Suisse 19 1.192 469 2 22 1.485 -0.293 Abu Dhabi Commercial Bank 20 1.290 433 3 5 6.483 -5.193 Al-Rajhi Banking & Investment Corp 20 1.112 438 3 27 1.203 -0.091 TOTAL 100% 33,600 27 100% TOTAL 100% 39,339 37 100%
Bloomberg League Table Reports Page 19 Bloomberg EMEA Capital Markets | H1 2018
Africa Borrower Loans (Bookrunner) Africa Borrower Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Mkt Volume (USD Deal Prev Prev Mkt Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Share(%) Mln) Count Rank Share(%) Mkt Share Chg(%) National Bank of Egypt 1 6.132 1,223 13 2 4.672 1.460 National Bank of Egypt 1 7.631 1,408 13 4 6.618 1.013 Banque Misr SAE 2 5.477 1,092 11 3 4.650 0.827 FirstRand Ltd 2 6.858 1,265 2 16 2.128 4.730 African Export-Import Bank 3 5.203 1,037 4 34 1.218 3.985 Banque Misr SAE 3 6.792 1,253 11 8 6.115 0.677 Commercial International Bank of Egypt 4 3.894 776 8 16 2.129 1.765 African Export-Import Bank 4 5.622 1,037 4 19 1.725 3.897 Citi 5 3.511 700 6 15 2.144 1.367 Commercial International Bank of Egypt 5 4.688 865 7 10 4.455 0.233 Barclays Africa Group Ltd 6 3.164 631 3 68 0.185 2.979 Eastern and Southern African Trade and 6 4.585 846 2 13 2.745 1.840 HSBC 7 2.887 576 7 10 2.569 0.318 Devel Standard Chartered Bank 8 2.857 570 6 6 3.973 -1.116 Standard Chartered Bank 7 3.831 707 6 12 2.892 0.939 FirstRand Ltd 9 2.788 556 2 4 4.214 -1.426 Citi 8 3.783 698 5 33 0.471 3.312 Mizuho Financial 10 2.717 542 5 46 0.472 2.245 Arab African International Bank 9 3.135 578 6 9 5.300 -2.165 Bank of America Merrill Lynch 11 2.696 537 3 40 0.710 1.986 Mizuho Financial 10 2.970 548 4 25 0.931 2.039 Arab African International Bank 12 2.586 516 6 17 1.998 0.588 BNP Paribas 11 2.699 498 2 - - 2.699 BNP Paribas 13 2.132 425 2 8 3.317 -1.185 Sumitomo Mitsui Financial 11 2.699 498 2 1 7.441 -4.742 Sumitomo Mitsui Financial 13 2.132 425 2 14 2.253 -0.121 HSBC 13 2.285 422 5 14 2.727 -0.442 Credit Suisse 15 2.090 417 3 42 0.675 1.415 JP Morgan 14 1.819 336 2 34 0.261 1.558 Standard Bank of South Africa 16 1.937 386 2 1 6.335 -4.398 Mitsubishi UFJ Financial Group Inc 14 1.819 336 2 21 1.500 0.319 Banque Du Caire SAE 17 1.881 375 5 75 0.115 1.766 Bank of America Merrill Lynch 16 1.683 311 1 15 2.261 -0.578 Nedbank Ltd 18 1.839 367 2 31 1.349 0.490 Barclays Africa Group Ltd 16 1.683 311 1 - - 1.683 Intesa Sanpaolo 19 1.759 351 3 36 1.143 0.616 Investec 16 1.683 311 1 - - 1.683 JP Morgan 20 1.693 337 3 52 0.411 1.282 Nedbank Ltd 16 1.683 311 1 - - 1.683 TOTAL 100% 19,937 35 100% Standard Finance 16 1.683 311 1 - - 1.683 TOTAL 100% 18,451 29 100%
Sub-Sahara Africa Borrower Loans (Bookrunner) Sub-Sahara Africa Borrower Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Mkt Volume (USD Deal Prev Prev Mkt Mkt Volume (USD Deal Prev Firm Rank Share(%) Mln) Count Rank Share(%) Mkt Share Chg(%) Firm Rank Share(%) Mln) Count Rank Prev Mkt Share(%) Mkt Share Chg(%) FirstRand Ltd 1 10.723 1,265 2 11 2.924 7.799 African Export-Import Bank 1 7.424 938 3 25 1.596 5.828 African Export-Import Bank 2 7.944 938 3 14 2.371 5.573 Barclays Africa Group Ltd 2 4.995 631 3 58 0.242 4.753 Eastern and Southern African Trade and 3 7.169 846 2 8 3.772 3.397 FirstRand Ltd 3 4.402 556 2 2 5.523 -1.121 Devel Mizuho Financial 4 4.290 542 5 35 0.619 3.671 Standard Chartered Bank 4 5.354 632 5 7 3.974 1.380 Citi 5 4.158 525 4 21 1.891 2.267 Mizuho Financial 5 4.644 548 4 19 1.280 3.364 Standard Chartered Bank 6 3.917 495 5 4 5.207 -1.290 Citi 6 4.432 523 3 28 0.359 4.073 BNP Paribas 7 3.366 425 2 6 4.347 -0.981 BNP Paribas 7 4.220 498 2 - - 4.220 Sumitomo Mitsui Financial 7 3.366 425 2 12 2.590 0.776 Sumitomo Mitsui Financial 7 4.220 498 2 2 9.686 -5.466 Standard Bank of South Africa 9 3.058 386 2 1 8.302 -5.244 JP Morgan 9 2.843 336 2 28 0.359 2.484 Nedbank Ltd 10 2.904 367 2 23 1.768 1.136 Mitsubishi UFJ Financial Group Inc 9 2.843 336 2 15 2.061 0.782 JP Morgan 11 2.673 337 3 39 0.539 2.134 Bank of America Merrill Lynch 11 2.632 311 1 10 3.108 -0.476 Eastern and Southern African Trade and 12 2.607 329 2 5 4.354 -1.747 Barclays Africa Group Ltd 11 2.632 311 1 - - 2.632 Devel Investec 11 2.632 311 1 - - 2.632 Credit Suisse 13 2.508 317 2 32 0.885 1.623 Nedbank Ltd 11 2.632 311 1 - - 2.632 Bank of America Merrill Lynch 14 2.475 312 2 30 0.930 1.545 Standard Finance 11 2.632 311 1 - - 2.632 HSBC 15 2.277 288 3 8 3.366 -1.089 Bank of China 16 2.155 254 3 3 9.125 -6.970 Commerzbank 16 2.128 269 4 14 2.319 -0.191 Commerzbank 17 1.801 213 2 19 1.280 0.521 Investec 17 2.102 265 2 - - 2.102 HSBC 17 1.801 213 2 9 3.748 -1.947 Morgan Stanley 18 2.079 263 2 - - 2.079 ABN Amro Bank NV 19 1.589 188 1 - - 1.589 RBC Capital Markets 18 2.079 263 2 40 0.484 1.595 ANZ Banking Group 19 1.589 188 1 16 1.341 0.248 Mitsubishi UFJ Financial Group Inc 20 2.079 262 2 24 1.688 0.391 TOTAL 100% 11,801 12 100% TOTAL 100% 12,627 15 100%
Bloomberg League Table Reports Page 20 Bloomberg EMEA Capital Markets | H1 2018
EMEA Islamic Financing (Bookrunner) EMEA Islamic Financing (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (USD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Credit Agricole CIB 1 9.358 1,205 2 - - 9.358 Credit Agricole CIB 1 6.060 889 2 - - 6.060 Standard Chartered Bank 2 7.434 958 6 2 9.079 -1.645 Standard Chartered Bank 2 5.634 827 7 7 4.285 1.349 Citi 3 6.172 795 2 12 2.699 3.473 HSBC 3 5.362 787 3 3 6.307 -0.945 HSBC 3 6.172 795 2 7 5.021 1.151 Industrial & Comm Bank of China 4 4.587 673 3 17 1.299 3.288 Industrial & Comm Bank of China 3 6.172 795 2 12 2.699 3.473 Citi 5 4.549 668 2 17 1.299 3.250 Bank of China 6 5.939 765 1 12 2.699 3.240 Bank of China 6 4.383 643 2 17 1.299 3.084 JP Morgan 6 5.939 765 1 12 2.699 3.240 BNP Paribas 7 4.345 638 1 - - 4.345 Mitsubishi UFJ Financial Group Inc 6 5.939 765 1 - - 5.939 Goldman Sachs 7 4.345 638 1 - - 4.345 Mizuho Financial 6 5.939 765 1 - - 5.939 JP Morgan 7 4.345 638 1 17 1.299 3.046 Sumitomo Mitsui Financial 6 5.939 765 1 - - 5.939 Mitsubishi UFJ Financial Group Inc 7 4.345 638 1 - - 4.345 Kuwait Finance House 11 4.495 579 2 - - 4.495 Mizuho Financial 7 4.345 638 1 39 0.190 4.155 Al-Rajhi Banking & Investment Corp 12 3.419 440 1 - - 3.419 Sumitomo Mitsui Financial 7 4.345 638 1 - - 4.345 Arab National Bank 12 3.419 440 1 - - 3.419 National Bank of Kuwait 13 3.901 572 3 - - 3.901 Banque Saudi Fransi 12 3.419 440 1 - - 3.419 Dubai Islamic Bank 14 3.460 508 7 6 4.410 -0.950 Dubai Islamic Bank 15 2.916 376 4 4 8.357 -5.441 Kuwait Finance House 15 3.135 460 3 - - 3.135 Societe Generale 16 2.562 330 2 6 6.807 -4.245 Al-Rajhi Banking & Investment Corp 16 2.982 438 3 10 3.974 -0.992 Abu Dhabi Islamic Bank 17 1.765 227 1 1 15.838 -14.073 Banque Saudi Fransi 16 2.982 438 3 4 6.242 -3.260 Kuwait International Bank 18 1.445 186 2 - - 1.445 Arab National Bank 18 2.528 371 2 14 2.267 0.261 Warba Bank 18 1.445 186 2 20 0.791 0.654 Noor Bank 19 2.283 335 7 9 4.167 -1.884 First Abu Dhabi Bank PJSC 20 1.421 183 4 12 2.699 -1.278 Societe Generale 20 2.249 330 2 13 2.515 -0.266 TOTAL 100% 12,881 18 100% TOTAL 100% 14,673 26 100%
Spain Borrower Loans (Bookrunner) Spain Borrower Loans (Mandated Lead Arranger) H1 2018 H1 2017 H1 2018 H1 2017
Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Banco Santander 1 13.765 3,534 36 1 13.096 0.669 Banco Santander 1 10.171 2,804 47 1 10.738 -0.567 La Caixa 2 7.343 1,885 19 2 12.215 -4.872 Banco Bilbao Vizcaya Argentaria 2 6.382 1,759 29 3 7.920 -1.538 Credit Agricole CIB 3 6.988 1,794 13 9 4.245 2.743 La Caixa 3 6.140 1,693 38 2 10.226 -4.086 BNP Paribas 4 6.702 1,720 12 16 2.420 4.282 Banco Sabadell 4 5.657 1,560 24 5 5.967 -0.310 Banco Bilbao Vizcaya Argentaria 5 6.653 1,708 20 3 10.179 -3.526 BNP Paribas 5 5.402 1,489 16 9 4.171 1.231 Societe Generale 6 5.167 1,326 7 12 3.645 1.522 Credit Agricole CIB 6 5.334 1,471 18 7 4.616 0.718 Citi 7 4.067 1,044 5 15 2.674 1.393 Bankia 7 4.221 1,164 24 4 6.061 -1.840 NatWest Markets 8 3.724 956 5 20 0.992 2.732 Societe Generale 8 3.639 1,003 9 14 2.770 0.869 Banco Sabadell 9 3.504 899 7 7 4.625 -1.121 Citi 9 3.614 996 7 16 2.111 1.503 ING Groep 10 3.015 774 7 13 2.924 0.091 Bank of America Merrill Lynch 10 3.266 900 8 12 3.371 -0.105 UniCredit 11 2.970 762 3 18 1.307 1.663 Deutsche Bank 11 3.266 900 6 33 0.436 2.830 Bank of America Merrill Lynch 12 2.671 686 3 10 3.935 -1.264 Barclays 12 3.085 851 9 18 1.601 1.484 Barclays 13 2.458 631 4 17 1.359 1.099 Commerzbank 13 2.894 798 7 40 0.248 2.646 HSBC 13 2.458 631 4 4 5.607 -3.149 ING Groep 14 2.544 701 12 8 4.434 -1.890 Mitsubishi UFJ Financial Group Inc 13 2.458 631 4 25 0.715 1.743 UniCredit 15 2.409 664 4 19 1.471 0.938 JP Morgan 16 2.457 631 3 19 1.048 1.409 NatWest Markets 16 2.384 657 7 20 1.181 1.203 Goldman Sachs 17 2.441 627 2 8 4.251 -1.810 HSBC 17 2.323 640 7 6 4.647 -2.324 Intesa Sanpaolo 18 2.234 573 3 20 0.992 1.242 Mitsubishi UFJ Financial Group Inc 18 1.982 546 6 26 0.845 1.137 Commerzbank 19 2.139 549 3 - - 2.139 Goldman Sachs 19 1.955 539 2 11 3.800 -1.845 Bankia 20 2.032 522 7 5 5.530 -3.498 Intesa Sanpaolo 20 1.891 521 4 21 1.059 0.832 TOTAL 100% 25,670 62 100% TOTAL 100% 27,568 72 100%
Bloomberg League Table Reports Page 21 Bloomberg – League Tables Criteria
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 identified based 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 bonds with 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 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. Bloomberg – League Tables Criteria
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 or restated 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 of reported 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 LEAG
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.