Brazil Equity Issuers Pay Banks

Brazil Equity Issuers Pay Banks


This year’s equity revival is a boon for investment banks, some of which are making significant fees from ECM. Thanks to a deal for itself, Santander is the leader for LatAm equity fees year to date, with $62.74m, or 13.78% market share, Dealogic data shows. By revenue, JPMorgan is second, with $61.69m or 13.55%, while owing mostly to VisaNet, Bradesco comes third with $61.32m, or 13.47%. Of the $455.3m ECM wallet from LatAm/Caribbean year-to-date, $359.9m comes from Brazil. Despite a rotten out

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