Brazilian Beats Swiss to ECM Lead

Aug 22, 2008

Brazil’s Itau BBA leads the LatAm ECM league table, perhaps for the first time ever, after dethroning longstanding incumbent Credit Suisse. Itau has led $4.53bn worth of equity deals, across six offerings year-to-date, topping Credit Suisse’s $4.03bn across seven deals, according to Dealogic. Volume for the Brazilian shop is almost twice that of the corresponding period of 2007,...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management