FACTBOX: Lehman rank in M&A, equity, debt finance deals

Wed Sep 10, 2008 6:59pm EDT
 
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LONDON (Reuters) - U.S. investment bank Lehman Brothers on Wednesday unveiled plans to sell a majority stake in its asset management unit and spin off commercial real estate holdings in a bid to ensure its survival.

Lehman, the fourth-biggest U.S. investment bank, is one of the top banks for M&A advisory and for debt and equity capital issues.

The following are key rankings for the bank so far this year, according to Thomson Reuters data:

M&A ADVISORY:

Lehman ranks 8th in global M&A advisory so far this year, advising on 128 deals worth a total of $359 billion, or 16.1 percent of global deals.

Goldman Sachs ranks first after advising on 262 deals worth $737 billion, followed by Citigroup and JP Morgan.

--Lehman ranks 5th on U.S. M&A advisory, 7th on European M&A advisory, 2nd in Asia and 3rd in the Middle East and North Africa region.

DEBT CAPITAL MARKETS:

Lehman ranks 13th in global debt capital markets (DCM) activity this year, after acting as bookrunner or joint bookrunner on 334 deals raising $118 billion, or a 3.4 percent market share.

JP Morgan ranks first with 880 issues worth $321 billion, followed by Deutsche Bank and Barclays Capital.

--Lehman ranks 9th in DCM proceeds in the United States, and ranks 17th in Europe, 10th in the Middle East and Africa, and is outside the top 25 in Asia.

EQUITY CAPITAL MARKETS:

Lehman ranks 7th in global equity capital markets activity this year, acting as bookrunner or joint bookrunner on 55 issues worth $25.9 billion, a market share of 5.4 percent.

JP Morgan ranks first with 129 issues worth $47.2 billion, followed by Goldman and Morgan Stanley.

--Lehman ranks 3rd in ECM proceeds in the United States, and ranks 9th in Europe and is outside the top 25 in Asia and the Middle East and Africa.

(Compiled by Olesya Dmitracova and Steve Slater; editing by Simon Jessop)

 

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