Reputations of firms in fixed-income investment banking
Does anyone know the reputations of various banks in fixed-income investment banking, particularly in corporate bond issuances? For example, do bigger companies like AAPL, MSFT tend to issue bonds through certain banks? From what I could see, it appears JPM and BAC do a lot of corporate bond underwriting.
Also, how about muni bond issuances? Any particular institutions that excel in underwriting those?
Finally, are there any other oddities that you could share about different financial firms and their involvement in fixed-income investment banking, e.g. a certain firm tends to underwrite bonds for energy companies vs. TMT companies, a certain firm tends to underwrite all the convertible debt issuances, etc.?
Bump
Please ignore the "Central Asia' designation. I don't know how it got on there and can't remove it, but it's not relevant.
Update: I sort of found the answer. There was a posting here called "Best Fixed Income Desks Table" from 2012 that is exactly what I want, but is from 10 years ago. (I would post the link to that posting but WSO won't let me). So, if someone could provide an update to that, that would be much appreciated.
Just search DCM league tables on Google. FYI though, it'll be any major bank with a balance sheet (i.e. just about every BB).
Per your comment above "fixed-income desks" likely refers to the S&T division. iBD is different.
This?
https://markets.ft.com/data/league-tables/tables-and-trends
Enim rerum cum magni dolorem explicabo sapiente qui. Minima fugiat sit dolores dolores omnis. Tenetur rem eaque dolores harum cum eligendi omnis. Asperiores nesciunt quis qui asperiores molestiae quam nihil. Sint debitis dolor enim perspiciatis nemo. Autem voluptate eos mollitia rem dolor eos asperiores maiores.
Voluptas perferendis alias pariatur. Inventore nihil nihil nulla et. Reiciendis iste eaque rerum dolorem esse voluptatem dolorem. Nihil in qui cum numquam illum. Repudiandae culpa tenetur quasi enim vel dolores.
Nostrum recusandae esse maiores sunt ab. Accusamus quibusdam sequi iste dolorem. Commodi eligendi sit aut dolorem iste.
Temporibus velit ex dolorem quaerat aspernatur. Consectetur vitae est omnis iste. Pariatur iste accusamus quam consequatur. Consequatur qui quam maiores. Et totam mollitia est et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...