Latin America’s capital markets had their ups and
downs in 2013. Debt issuance wobbled in the middle of the year
— but continued at a record pace. Equity sales rose,
while mergers and acquisitions disappointed. In recent years,
JPMorgan has usually been found jostling with rivals at the top
of the league table. This year was no exception, earning it
Investment Bank of the Year for the third time running.
INVESTMENT BANK OF THE YEAR: JPMorgan
The US bank again stands out for its work across the major product areas in LatAm, both by volume and pressive deals
A presence in several different countries has helped
JPMorgan balance shifting issuance trends across products and
geography, while allowing it to excel despite a smaller fee
pool. The bank has local offices in Chile, Colombia, Mexico and
"Investment banking wallet was approximately 10% down this
year, driven by Brazil’s economic slowdown
combined with a change in sentiment," says Lisandro Miguens,
co-head of corporate and investment banking for Latin America
Miguens describes the market as "disappointing," in...
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