RPT-FACTBOX-Bank fees from global and U.S. IPOs and follow-ons

viernes 26 de junio de 2009 08:03 CEST
 

 June 26 (Reuters) - The volume of follow-on share issues in
the second quarter has been a boon for global investment banks,
making up for the slow IPO market.
 So far in 2009, banks globally have reaped $8 billion from
underwriting IPOs and follow-ons, a 17 percent increase over a
year ago at this date. For U.S. deals, fees are up 20 percent
this year reaching $3.4 billion, according to Thomson
Reuters/Freeman & Co data.
 Here are the top 10 banks so far in 2009, ranked by
combined fees for IPOs and follow-ons, both globally and in the
United States, along with data for 2008. Fees are in $ million.
GLOBAL FEES FROM COMMON STOCK ISSUANCE
                       JAN 1-JUNE 25, 2009        JAN 1-JUNE
25, 2008 MANAGER                RANK    FEES   SHARE ISSUES 
RANK FEES SHARE ISSUES JP Morgan (JPM.N: Cotización)       *1     894.3  
11.1  157     1   590.1 8.6   107 Goldman Sachs (GS.N: Cotización)     2   
 673.5    8.4   90     2   506.0 7.4    67 Bank of America/    
*3     546.3    6.8  136     3   480.0 7.0   108 Merrill
Lynch (BAC.N: Cotización) Morgan Stanley (MS.N: Cotización)    4     530.7    6.6  120 
4   460.1 6.7    98 UBS UBSN.VX            5     459.7   
5.7  150     6   419.7 6.1   114 Credit Suisse CSGN.VX  6    
443.7    5.5   98     7   261.5 3.8    85 Citi (C.N: Cotización)           
7     388.4    4.8  129     5   434.4 6.3   110 Deutsche
BankDBKG.DE   8     331.3    3.4   92     9   234.8 3.4    77
Daiwa Securities SMBC    9     234.7    2.9   19    31    29.8
0.4    31 RBS (RBS.L: Cotización)             10     218.7    2.7   87   
11   118.4 1.7    36 U.S. FEES FROM COMMON STOCK ISSUANCE JP
Morgan                1     458.1   13.4   91     1   375.3
13.2    61 Morgan Stanley           2     386.3   11.3   77    
6   209.8 7.4    52 Bank of America/         3     353.8   10.4
  88     3   313.7 11.0    58 Merrill Lynch  Goldman Sachs & Co
   4     341.5   10.0   47     2   320.7 11.3    32 Citi    
             5     193.0    5.7   70     4   246.1 8.6    49
Barclays Capital(BARC.L: Cotización)*6     159.3    4.7   62     5   237.0
8.3    40 Deutsche Bank AG         7     127.5    3.7   53   
10    98.9 3.5    38 UBS                      8     127.2   
3.7   63     7   175.2 6.2    57 Credit Suisse            9    
117.3    3.4   49     9   101.7 3.6    41 Wells Fargo &
Co(WFC.N: Cotización)*10      81.1    2.4   63     8   113.0 4.0    49
 * Data may not be directly comparable due to mergers.
  Source: ThomsonReuters/Freeman & Co.