Global Finance Names the World's Best Investment Banks 2021
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Staying Ahead…
Annual Report 2008 Staying Ahead… TM & © Turner Entertainment Co. (s09) …in a Surreal 2008 EFG-Hermes One region. One investment bank. EFG-Hermes is the leading investment bank in the Arab world and the market leader in securities brokerage, investment banking, asset management, private equity and research. Contents 02 Overview of the Firm 04 Chairperson’s Foreword 06 From the Chief Executives 08 Highlights of 2008 10 Management Discussion and Analysis 13 Executive Committee 14 Lines of Business 24 Maximizing Governance, Minimizing Risk 26 Corporate Social Responsibility 28 Board of Directors 31 Audited Financial Statements TM & © Turner Entertainment Co. (s09) Overview of the Firm Financial History Securities Investment Brokerage Banking Total Revenues (EGP bn) EFG-Hermes Securities With an unrivalled track 08 2.2 Brokerage enjoys market record advising lead- 07 2.6 leadership in five direct and ing private companies, 06 1.2 six indirect markets across governments and listed 05 0.8 the Arab world, making it corporations from of- the region’s largest and fices around the region, 04 0.2 most diverse broker serving EFG-Hermes Investment 0 500 1,000 1,500 2,000 2,500 3,000 more than 600 global and Banking has raised more regional institutions and than USD 12 billion in over 26,000 high net worth equity for its clients Fee & Commission Income (EGP mn) and retail clients. through public offerings, 08 1,620 secondary offerings and 07 1,720 private placements, and 06 899 completed more than USD 19 billion in M&A 05 796 transactions in the past 04 182 decade. -
Debt Equity M&A
CAPITALIZE ON OUR CONNECTIONS. Cambridge Wilkinson is a leading global investment Debt bank with a focus on middle market companies. Equity SPEED – When you need additional capital, or an M&A opportunity arises, every day counts. An optimized capital structure can help reduce risk and create significant value. Otherwise opportunities could pass you by, your cost of capital may not be competitive, M&A or you may lack sufficient liquidity to weather periods of volatility. You need our nimble approach and speed to market to complete an acquisition, refinance, expand your product line, or capitalize for growth. CONNECTIONS – Completing transactions quickly requires a highly targeted cambridgewilkinson.com approach, knowing who to go to, and who is the best fit. We have a network build over 1-646-582-9423 decades of successful transactions which includes bank and alternative lenders, credit funds, large family offices, institutional investors, private equity, offshore relationships, and strategic and financial buyers and sellers. With deep transaction experience and deep All securities assignments are completed sector expertise, we have established relationships throughout many industries. through Avalon Securities, Ltd. a FINRA and SEC registered broker-dealer. CONFIDENCE – You get senior-level attention and the confidence that comes from a proven track record of optimizing transactions and capital structures, delivering on promises and looking out for our clients’ best interests. Our leadership team brings diverse perspectives gained from a wide range of experience in investment banking, corporate finance, and family office as well as building and owning specialty finance companies. Drawing from decades of relentless pursuit of total client satisfaction, we provide an unwavering commitment to our clients, assuring them they have the highest level of attention, focus and expert services available. -
EFG Hermes and Qinvest Enter Into a Definitive Agreement to Create the Leading Investment Bank in the Arab World and Beyond
EFG Hermes and QInvest Enter into a Definitive Agreement to Create the Leading Investment Bank in the Arab World and Beyond Cairo May 5, 2012: EFG Hermes Holding S.A.E (“EFG Hermes”) and QInvest L.L.C. (“QInvest”) announced that they have entered into a definitive agreement involving EFG Hermes’ Brokerage, Research, Asset Management, Investment Banking and Infrastructure Fund businesses (the “Business”). Pursuant to the agreement, EFG Hermes and QInvest will enter into a joint venture at the level of EFG Hermes Qatar LLC (“EFG Hermes Qatar” or the “JV Company”), to be 60% owned by QInvest and 40% owned by EFG Hermes. The JV Company shall be the entity holding the Business post-closing. This announcement follows the initial press release on March 26, 2012, when the two parties agreed to explore a potential strategic alliance with the aim of creating a leading investment bank with operations in the Arab world and beyond, comprehensively covering the Middle East, Africa, Turkey and South and South East Asia. EFG Hermes’ position as the largest provider of investment banking, asset management and brokerage services across the Arab world will be strongly complemented by QInvest’s financial strength and client base. The aim will be to offer an enhanced product offering to QInvest’s extensive corporate and private client base in Qatar and the GCC region and to use the combined platform and resources to expand the joint venture’s reach into the fast growing regions of Sub-Saharan Africa and South and South East Asia. QInvest’s clients will benefit through the developed platform of EFG Hermes from direct access to the investment bank’s services in markets across the Arab world, as well as to trading platforms on the major Arab exchanges. -
Fitch Places 31 EMEA Bank ST Issuer Ratings Under Criteria Observation
5/7/2019 [ Press Release ] Fitch Places 31 EMEA Bank ST Issuer Ratings Under Criteria Observation Fitch Places 31 EMEA Bank ST Issuer Ratings Under Criteria Observation Fitch Ratings-London-07 May 2019: Fitch Ratings has placed 31 Short-Term (ST) Issuer Default Ratings (IDR) and related ST debt level ratings of EMEA-based banks Under Criteria Observation (UCO) following the publication of its cross-sector criteria for Short-Term Ratings on 2 May 2019. A full list of rating actions is below. Fitch intends to conclude full implementation of the criteria, and resolution of all UCO designations within six months of the designation. KEY RATING DRIVERS The ST ratings of the affected banks are determined primarily by correspondence tables linking short-term to long-term ratings. The new ST rating criteria introduced changes to our correspondence table between long-term and ST ratings. Two new cusp points at 'A' and 'BBB+' have been added to the existing three cusp points ('A+', 'A-' and 'BBB'), where baseline or higher ST ratings can be assigned. For banks with Long-Term IDRs driven by their standalone profile, as reflected by their Viability Ratings (VR), Fitch uses the funding and liquidity factor score as the principal determinant of whether the 'baseline' or 'higher' ST IDR is assigned at each cusp point. The ST IDRs and, where relevant, associated ST debt/deposit ratings of the following issuers have been placed UCO because the ratings could be upgraded by one notch under the new criteria. This is because the latest funding and liquidity scores that feed into their VRs are at least in line with the minimum levels required for a higher ST rating under the new criteria: - Banco Cooperativo Espanol, S.A. -
(The “Notes”) Issued by Eurasia Capital S.A
5 November 2019 Dear Ladies and Gentlemen Proposed offering of Perpetual Callable Loan Participation Notes (the “Notes”) issued by Eurasia Capital S.A. (the “Issuer”) The Issuer is proposing to undertake an offering (the “Offer”) of the Notes on the terms set out in a series prospectus dated 5 November 2019 (the “Series Prospectus”) which is being sent or made available to you with this letter. This letter contains important information relating to restrictions with respect to the offer and sale of the Notes (including pursuant to the PI Rules (as defined below) to retail investors). RESTRICTIONS WITH RESPECT TO THE MARKETING, OFFER AND/OR SALE OF NOTES TO RETAIL INVESTORS The Notes discussed in the attached Series Prospectus are complex financial instruments and are not a suitable or appropriate investment for all investors. In some jurisdictions, regulatory authorities have adopted or published laws, regulations or guidance with respect to the offer or sale of securities such as the Notes to retail investors. In particular, in June 2015, the UK Financial Conduct Authority (the “FCA”) published the Product Intervention (Contingent Convertible Instruments and Mutual Society Shares) Instrument 2015 (the “PI Instrument”). In addition, (i) on 1 January 2018, the provisions of Regulation (EU) No. 1286/2014 on key information documents for packaged and retail and insurance-based investment products (“PRIIPs”) became directly applicable in all EEA member states and (ii) the Markets in Financial Instruments Directive 2014/65/EU (as amended) (“MiFID II”) was required to be implemented in member states of European Economic Area (“EEA”) by 3 January 2018. -
Russia: Investment Banking Review Full Year 2019 Refinitiv Deals Intelligence
Russia: Investment Banking Review Full Year 2019 Refinitiv Deals Intelligence 1 QUARTERLY HIGHLIGHTS HIGHLIGHTS M&A FEES UP 151% M&A TOP FINANCIAL ADVISOR ECM FEES UP 808% VTB Capital DCM FEES UP 13% ECM TOP BOOK RUNNER Goldman Sachs & Co LOAN FEES DOWN -2% DCM TOP BOOK RUNNER ANY INV. M&A DOWN -5% VTB Capital TARGET M&A DOWN -5% M&A TOP TARGETED INDUSTRY ECM PROCEEDS UP 499% Industrials DCM PROCEEDS UP 12% DCM TOP ISSUING ECM TOP ISSUING Click on any of the above arrows to INDUSTRY INDUSTRY go straight to the analysis. Financials Materials CLICK BELOW TO SIGN UP FOR OUR NEWSLETTERS, PURCHASE CUSTOMIZED DATA OR FOLLOW US ON SOCIAL MEDIA: 2 REPORT SUMMARY INVESTMENT BANKING FEES Investment banking fees in Russia reached an estimated US$347.7 million during 2019, 80% more than the value recorded during 2018 when fees sunk to the lowest level since 2002. The 2019 Russian investment banking fee total is 31% less than the decade average of US$501.2 million annually. Fees generated from completed M&A transactions increased 151% year-on-year to US$87.4 million. Equity capital markets fees totalled US$103.4 million, more than nine-times the value earned during 2018, while debt capital markets underwriting fees increased 13% to US$103.3 million. Syndicated lending fees declined 2% to a seventeen-year low of US$53.9 million. Both equity and debt capital markets underwriting fees each accounted for 30% of the overall Russian investment banking fee pool. Syndicated lending fees accounted for a 15% cut, while M&A advisory fees accounted for 25%, the highest share since 2015. -
Announcing: Finalists Circle for the Prestigious M&A
GLOBAL MAJOR MARKETS CONGRATULATIONS to all the OUTSTANDING FINALISTS of the YEAR, 2014 ANNUAL AWARDS GALA DINNER June 12, 2014, New YORK, USA. Global M&A Network congratulates the distinguished group of finalists nominees for the one and only, GLOBAL MAJOR MARKETS, M&A ATLAS AWARDS. Prestigious awards exclusively honors excellence from all corners of the globe for executing M&A transactions valued above a billion dollars as always in the categories of: 40 Deal, 7 Outstanding Firm and 4 Global M&A Dealmakers of the Year awards. In a highly competitive process, a total of 185 transactions closed during January 2013 to January 31, 2014 were evaluated. From the pool of 185 deals, 106 deals are included in the finalists list. Eventually, only 40 deals will win at the annual awards gala. Prestige: Winning the M&A ATLAS AWARDS conveys a resounding message that the winner has accomplished the highest performance and excellence standards, worldwide. As always, the winners are selected independently for closing the best value-generating and game- changing transformational transactions based on identifiable criteria such as deal novelty/structure, sector/jurisdiction/market complexities, synergies/rationale/style, financial value, brand competitiveness, leadership, tenacity, resourcefulness and additional related metrics. Winners Circle Celebration: Winners are honored at the awards dinner trophy presentation ceremony held on June 12, 2014 at the Harvard Club of New York. WHAT to DO if you are among the coveted group of distinguished finalists? If you submitted nominations, please confirm your guest attendance for the annual Awards Gala Dinner, held on the evening of June 12, 2014, NY. -
Global Equity Capital Markets Review
Global Equity Capital Markets Review FIRST QUARTER 2020 | MANAGING UNDERWRITERS Global Equity Capital Markets Review First Quarter 2020 | Managing Underwriters Global Deals Intelligence Global Initial Public Offerings GLOBAL ECM ACTIVITY HITS FOUR-YEAR LOW, AMIDST RECORD VOLATILITY $50 400 Equity capital markets activity totaled US$126.6 billion during the first quarter of 2020, a 2% decline $45 compared to a year ago and the slowest annual period for global equity capital markets activity since 350 Thousands 2016. By number of issues, 927 ECM offerings were brought to market during the year, a 2% decrease compared to a year ago and a four-year low. Amidst record market volatility, March 2020 ECM volume $40 decreased 60% compared to February of this year, marking the slowest month for global equity capital 300 markets proceeds since October 2011. $35 250 MARCH IPO PROCEEDS DOWN 37%; FIRST QUARTER GLOBAL IPOs UP 75% $30 Global initial public offering activity during the first quarter of 2020 totaled US$25.8 billion, a 75% increase compared to last year and the strongest opening period for global IPOs since 2018. IPOs on $25 200 US exchanges increased 39% during the first quarter of 2020, while China-domiciled IPOs totaled $20 US$11.0 billion during the first quarter of 2020, a 92% increase and a nine-year high. During the March 150 2020, global IPO activity totaled US$6.9 billion, a 37% decline compared to February 2020 and the slowest month for new listings since August 2019. $15 100 $10 CONVERTIBLE OFFERINGS DECLINE 35%, FALLING TO FOUR-YEAR LOW Global convertible offerings totaled US$25.4 billion during the first quarter of 2020, accounting for 20% of 50 $5 global equity capital markets activity, compared to 30% during the first quarter of 2019. -
Final Report
FINAL REPORT Road Map to Green Funding of LCBA Bankable Proposals for SMEs Non Key Expert Gustavo Pimentel, Managing Director [email protected] | +55 (21) 2247-1136 SITAWI Finance for Good 04 February 2017 Index 1. Introduction ........................................................................................................ 2 2. Overview of Financial Instruments Related to Green Funding ............................ 3 2.1 General Context ............................................................................................... 3 2.2 European Context ............................................................................................ 5 2.3 Brazilian Context .............................................................................................. 8 2.4 Types of Bankable Transactions ...................................................................... 8 2.5 Types of Funding ............................................................................................. 9 2.6 Matrix of Funding Possibilities per Type of Transaction ................................. 10 3. Green Funding Instruments and Conditions ..................................................... 24 3.1 Brazilian Institutions ....................................................................................... 24 3.2 International Institutions ................................................................................. 29 4. Road Map Template ......................................................................................... 12 5. Conclusions -
A Mosaic of New Ideas, Products & Markets 2018 Annual Report 3
2018 ANNUAL REPORT A Mosaic of New Ideas, Products & Markets 2018 Annual Report 3 CONTENTS 04 EFG Hermes at a Glance 10 Chairperson’s Foreword 14 A Note from Our Group CEO 18 Management Discussion & Analysis 28 Sell-Side Platform 32 Frontier 36 Investment Banking Diversity 42 Securities Brokerage 50 Research 54 Buy-Side Platform Cultural diversity in the workplace is a way of appreciating individuals, whether 58 Asset Management they’re from different regions, different countries, or different backgrounds 64 Private Equity — and individuals are the threads that keep our entire institution together. 68 NBFI Platform Bringing in talents from across the globe allows us to weave the fabric of 72 Leasing the Firm with different life experiences, different ideas, and different visions. 76 Tanmeyah As EFG Hermes works to expand its product portfolio, solution offerings, and 80 valU geographic footprint, we’re proud to have built an organization that benefits 84 EFG Hermes Factoring from knowledge across an ever-expanding footprint, solidifying our position as 88 Corporate Governance a full-fledged financial services corporation. 96 Risk and Compliance 102 Our People 108 Board of Directors 116 Executive Committee 124 Corporate Social Responsibility 132 Financial Statements 4 2018 Annual Report 2018 Annual Report 5 EFG HERMES AT A GLANCE EGYPT 6 2018 Annual Report 2018 Annual Report 7 The Leading Financial Services Corporation in FEM Leveraging its 30-year track record of success operating across the Arab world, EFG Hermes has expanded its geographical footprint and diversified its product offering to bring a constantly evolving portfolio of products to clients in some of 75 the world’s most rapidly growing markets in the MENA region, Sub-Saharan Africa, FEMs Covered by EFG and Southeast Asia Hermes Brokerage in 2018 What We Do The Investment Bank EFG Hermes is a leading financial ser- Securities Brokerage erates while simultaneously expanding multaneous transactions. -
The Rise of Boutique Investment Banks in India Suveen K
Print Close The rise of boutique investment banks in India Suveen K. Sinha June 27, 2012 {table}It was amusing to see my host, a man of about 40, dressed in a white shirt with two front pockets, with flaps. Didn't those things go out with tail fins on cars? Useless paraphernalia. Not quite, it turned out. When the time came to pay the bill for our lunch, my host - MH for short; it would be tactless to name him - did not reach for his wallet in the back pocket. Instead, he undid a flap in front and took out a wad of currency notes. "We have not yet spent all of the fees we earned the last time," he said with a disarming smile. And thereby hangs a tale. A few months ago, a man in his fifties climbed up the steps to MH's office, caught his breath, put a satchel on the table and said: "Here." The satchel was packed with Rs 25 lakh in cash. MH had raised some working capital for this man's small business and he, brimming with gratitude, had come to pay the fees. {table}MH did not expect cash, but recovered quickly and told the client to come back after two days. When the client came back, MH simply kept the satchel. The client, unable to contain his curiosity, asked what had changed. Vipul Shah (L) and Mehul Savla | RippleWave Beginning: July 2008 | First meaningful deal: May 2010 | No. of significant deals: 3 | Value: Rs 650 crore | Size of the team: 4 Two things had. -
LEAGUE TABLES Q1 2020 Preliminary As of 25 March 2020 Q1 2020 PRELIMINARY AS of 25 MARCH 2020
GLOBAL EQUITY CAPITAL MARKETS LEAGUE TABLES Q1 2020 Preliminary As of 25 March 2020 Q1 2020 PRELIMINARY AS OF 25 MARCH 2020 MANAGER RANKINGS GLOBAL EQUITY, EQUITY LINKED & RIGHTS CONTENTS Bloomberg’s global equity offerings database consists of nearly 87,000 deals (with approximately 43,000 IPOs and over 43,000 additional offerings), and coverage of more than 1. Global market review 500 financial advisors and 500 legal advisors. 2. US market review LEAG<GO> for a full range of league tables 3. Canada market review IPO<GO> for Bloomberg’s equity offerings product 4. Latin America market review Due to the dynamic nature of the Professional Service product, league table rankings may vary between 5. EMEA market review this release and data found on the Bloomberg Professional Service. 6. Asia market review 7. Table criteria DATA SUBMISSIONS AND QUERIES Contact Phone Email North America Larisa Bykova +1 646 324 2355 [email protected] EMEA Dimitri Quemard +44 20 3525 0253 [email protected] Asia-Pacific Zhen Hao Toh +65 6499 2931 [email protected] © 2020 Bloomberg Finance L.P. All rights reserved. Bloomberg Preliminary Global Equity | Q1 2020 Global Equity, Equity Linked & Rights: Industry Breakdown Global Equity Review 8% Financials 22% Q1 2020 credited Global Equity, Equity Linked & Rights volume decreased 3.11% to USD 128.6 Bln while deal count 5% 22% Health Care 18% decreased 8.94% to 906 offerings year-on-year. Global Equity IPO volume increased 73.37% year-on-year to USD 32.2 Bln 6% Consumer Discretionary 16% while the deal count decreased 0.40% to 247.