January 19, 2012
BBankers covering LatAm DCM over the last year or so shouldn’t really grumble. Cross-border volumes may not have reached 2010’s record levels, but they were not far off despite the periodic market shutdowns caused by Europe’s sovereign debt crisis.
In this environment, several leading banks excelled as they battled for mandates on a wide variety of corporate credits and sovereign names. Yet Bank of America Merrill Lynch (BAML) stood out among the pack for the diversity and complexity of transactions it undertook during the qualifying period.
Not always the largest volume generator, the shop also surprised by pushing large competitors to top the cross-border-border DCM rakings. During the
Bank of America Merrill Lynch