GLOBAL CAPITAL MARKETS...Credit Agricole CIB 10 2.688 97,463 788 11 2.333 0.355 Societe Generale 11 2.556 92,676 577 12 2.273 0.283 Credit Suisse 12 2.426 87,960 650 10 2.521 -0.095

GLOBAL CAPITAL MARKETS LEAGUE TABLES FY 2018

The Bloomberg Capital Markets Tables represent the top arrangers, bookrunners and advisors across a broad array of deal types including loans, bonds, equity and M&A transactions; according to Bloomberg standards.

LEAG<GO> for a full range of league tables

MA<GO> for a full range of merger & acquisition tables

NI LEAG CRL<GO> or http://www.bloomberg.com/ for a full range of market-specific league table publications

Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service.

MANAGER RANKINGS

GLOBAL CAPITAL MARKETS

DATA SUBMISSIONS AND QUERIES

Americas

EMEA

Asia-Pacific

Contact Email Phone

FY 2018

© 2018 Bloomberg Finance L.P. All rights reserved.

Paul Bandong +1 609 279 5187 [email protected]

Dimitris Gogos +44 20 3525 8149 [email protected]

Xin Yu Chen +65 6212 1123 [email protected]

http://www.bloomberg.com/

Bloomberg GlobalCapitalMarkets|FY2018

BloombergLeagueTableReports Page1

GlobalFixedIncomeReview

Corporate&FinancialBonds

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

JPMorgan 1 5.034 209,929 1,349 1 5.906 -0.872

BankofAmericaMerrillLynch 2 4.645 193,686 1,194 3 5.319 -0.674

Citi 3 4.350 181,388 1,314 2 5.387 -1.037

HSBC 4 3.996 166,652 1,188 7 3.709 0.287

GoldmanSachs 5 3.721 155,149 923 5 4.586 -0.865

MorganStanley 6 3.614 150,708 1,222 4 4.806 -1.192

Barclays 7 3.457 144,141 930 6 3.760 -0.303

DeutscheBank 8 3.076 128,266 842 8 3.520 -0.444

BNPParibas 9 2.747 114,563 817 10 2.539 0.208

CreditSuisse 10 2.395 99,886 765 9 2.615 -0.220

WellsFargo 11 2.299 95,863 594 11 2.425 -0.126

MizuhoFinancial 12 2.042 85,163 1,016 13 1.981 0.061

RBCCapitalMarkets 13 1.935 80,695 605 14 1.874 0.061

UBS 14 1.745 72,786 549 12 2.105 -0.360

CreditAgricoleCIB 15 1.616 67,387 558 15 1.537 0.079

SocieteGenerale 16 1.595 66,514 473 16 1.424 0.171

BankofChina 17 1.503 62,666 501 22 0.942 0.561

MitsubishiUFJFinancialGroupInc

18 1.445 60,245 519 17 1.384 0.061

SumitomoMitsuiFinancial 19 1.400 58,378 690 20 0.985 0.415

CITICSecurities 20 1.387 57,846 382 21 0.971 0.416

TOTAL 100% 4,170,041 16,252 100%

Financials54%

Industrials10%

ConsumerDiscretionary8%

Utilities6%

Others23%

Corporate&FinancialBonds:ManagerRankingsHistory

Corporate&FinancialBonds:IndustryBreakdown

54%

10%

8%

6%

23%

JPMorgan

BankofAmericaM

errillLynch

Citi

HSBC

Goldm

anSachs

MorganStanley

2

4

6

8

Marke

tSha

re(%

)

0

10

2018 2017 2016



CorporateBondsFY2018 FY2017

Firm Rank MktShare(%) Volume(USDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

JPMorgan 1 5.892 114,804 835 1 7.362 -1.470

BankofAmericaMerrillLynch 2 5.892 114,799 795 2 6.570 -0.678

Citi 3 4.958 96,600 758 3 5.878 -0.920

Barclays 4 4.284 83,475 584 5 4.592 -0.308

GoldmanSachs 5 3.842 74,853 492 4 4.726 -0.884

MorganStanley 6 3.558 69,318 656 6 4.486 -0.928

HSBC 7 3.306 64,426 524 8 3.310 -0.004

MizuhoFinancial 8 3.162 61,620 638 12 2.860 0.302

BNPParibas 9 3.127 60,922 484 10 2.971 0.156

DeutscheBank 10 3.114 60,676 449 7 4.422 -1.308

WellsFargo 11 2.955 57,584 383 11 2.912 0.043

CreditSuisse 12 2.632 51,279 420 9 3.003 -0.371

MitsubishiUFJFinancialGroupInc 13 2.495 48,610 400 13 2.271 0.224





BankofChina 18 1.320 25,721 229 28 0.734 0.586

ChinaConstructionBank 19 1.222 23,814 234 23 0.812 0.410

ChinaSecurities 20 1.181 23,021 263 27 0.754 0.427

TOTAL 100% 1,948,494 6,734 100%

FinancialBondsFY2018 FY2017


HSBC 1 4.575 100,264 650 6 4.062 0.513

JPMorgan 2 4.340 95,126 514 3 4.545 -0.205

Citi 3 3.827 83,885 553 2 4.958 -1.131

MorganStanley 4 3.714 81,390 566 1 5.181 -1.467

GoldmanSachs 5 3.664 80,296 431 4 4.505 -0.841


DeutscheBank 7 3.065 67,181 387 9 2.591 0.474

Barclays 8 2.768 60,667 346 8 2.987 -0.219

UBS 9 2.522 55,269 370 7 3.142 -0.620

BNPParibas 10 2.391 52,400 320 11 2.081 0.310

CreditSuisse 11 2.218 48,607 345 10 2.266 -0.048


WellsFargo 13 1.747 38,279 211 12 1.974 -0.227

BankofChina 14 1.686 36,945 272 18 1.151 0.535




LandesbankHessen-ThuringenGirozentrale 18 1.378 30,199 259 16 1.297 0.081


Industrial&CommBankofChina 20 1.304 28,585 218 17 1.210 0.094

TOTAL 100% 2,191,712 9,342 100%

SyndicatedGovernmentBondsFY2018 FY2017


Citi 1 6.885 94,077 445 1 7.853 -0.968

JPMorgan 2 6.465 88,342 568 2 6.876 -0.411

HSBC 3 6.282 85,840 484 3 6.258 0.024

Barclays 4 6.143 83,940 341 4 6.013 0.130

TDSecurities 5 4.768 65,156 457 8 4.228 0.540

DeutscheBank 6 4.583 62,634 336 6 4.623 -0.040


GoldmanSachs 8 3.746 51,188 208 7 4.294 -0.548

Nomura 9 3.710 50,701 483 10 3.534 0.176


BNPParibas 11 2.813 38,434 194 9 3.950 -1.137

MorganStanley 12 2.727 37,259 639 12 2.346 0.381


SocieteGenerale 14 2.203 30,110 118 14 2.210 -0.007

NatWestMarkets 15 2.151 29,388 155 20 1.366 0.785

UniCredit 16 2.034 27,793 107 13 2.235 -0.201

BMOCapitalMarkets 17 1.718 23,481 102 17 1.573 0.145

WellsFargo 18 1.696 23,178 475 16 1.682 0.014

Commerzbank 19 1.647 22,504 84 21 1.334 0.313

NationalBankFinancialInc 20 1.456 19,898 153 22 1.298 0.158

TOTAL 100% 1,366,505 6,408 100%

InternationalBondsFY2018 FY2017


JPMorgan 1 7.248 262,826 1,621 1 8.002 -0.754

HSBC 2 6.285 227,905 1,388 4 5.687 0.598

Citi 3 6.173 223,819 1,408 2 7.113 -0.940


Barclays 5 5.450 197,614 1,079 5 5.638 -0.188

GoldmanSachs 6 4.813 174,500 887 6 5.617 -0.804

DeutscheBank 7 4.646 168,443 954 7 4.893 -0.247

BNPParibas 8 4.072 147,645 957 9 4.005 0.067

MorganStanley 9 3.644 132,141 832 8 4.143 -0.499



CreditSuisse 12 2.426 87,960 650 10 2.521 -0.095


WellsFargo 14 2.030 73,606 472 13 1.944 0.086

UniCredit 15 1.820 66,010 401 15 1.858 -0.038


TDSecurities 17 1.801 65,315 417 18 1.502 0.299

NatWestMarkets 18 1.721 62,405 315 22 1.336 0.385

UBS 19 1.584 57,427 378 14 1.859 -0.275


TOTAL 100% 3,625,942 9,940 100%



CorporateHighYieldBondsFY2018 FY2017


CreditSuisse 1 6.104 23,866 204 5 5.819 0.285

JPMorgan 2 6.013 23,508 225 1 8.160 -2.147

GoldmanSachs 3 5.231 20,452 178 2 6.562 -1.331

Barclays 4 5.201 20,333 165 6 5.692 -0.491


DeutscheBank 6 4.703 18,389 191 8 4.732 -0.029

MorganStanley 7 4.638 18,135 178 4 5.970 -1.332

Citi 8 4.463 17,449 163 7 5.462 -0.999

WellsFargo 9 3.760 14,699 118 9 3.321 0.439

HSBC 10 2.801 10,950 144 10 2.821 -0.020

BNPParibas 11 2.515 9,834 119 12 2.041 0.474

RBCCapitalMarkets 12 2.508 9,807 102 11 2.540 -0.032

UBS 13 1.778 6,952 94 13 1.946 -0.168

BankofChina 14 1.546 6,045 46 30 0.658 0.888

HaitongSecurities 15 1.352 5,284 100 19 0.999 0.353

CreditAgricoleCIB 16 1.344 5,256 62 15 1.443 -0.099



Jefferies 19 1.245 4,869 36 14 1.830 -0.585

GuotaiJunanSecurities 20 1.196 4,674 83 29 0.706 0.490

TOTAL 100% 390,975 1,130 100%

GlobalBondsFY2018 FY2017


JPMorgan 1 10.739 105,543 479 1 11.716 -0.977

BankofAmericaMerrillLynch 2 10.259 100,830 504 2 10.236 0.023

Citi 3 9.028 88,731 440 3 9.973 -0.945

Barclays 4 7.870 77,346 316 6 6.320 1.550

GoldmanSachs 5 7.528 73,991 307 4 8.638 -1.110

HSBC 6 6.398 62,876 183 9 4.101 2.297

MorganStanley 7 5.897 57,960 292 5 6.814 -0.917

WellsFargo 8 4.850 47,664 270 8 4.384 0.466

DeutscheBank 9 4.040 39,706 188 7 4.671 -0.631


TDSecurities 11 3.721 36,573 150 10 3.630 0.091


CreditSuisse 13 2.225 21,867 157 13 2.186 0.039

MitsubishiUFJFinancialGroupInc 14 2.093 20,575 169 12 2.239 -0.146

BNPParibas 15 1.795 17,641 122 14 2.146 -0.351

Nomura 16 1.632 16,042 34 16 1.991 -0.359


Scotiabank 18 1.399 13,747 73 19 1.125 0.274

BMOCapitalMarkets 19 1.286 12,641 46 17 1.348 -0.062

USBancorp 20 1.095 10,758 111 18 1.202 -0.107

TOTAL 100% 982,811 1,155 100%

CorporateSchuldscheineFY2018 FY2017

Firm Rank MktShare(%) Volume(EURMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

LandesbankBaden-Wuerttemberg 1 20.919 5,289 59 1 19.704 1.215

BayernLB 2 13.181 3,333 36 2 13.110 0.071

LandesbankHessen-ThuringenGirozentrale

3 10.606 2,681 38 3 10.042 0.564

UniCredit 4 9.975 2,522 30 4 8.279 1.696

HSBC 5 6.609 1,671 14 5 7.224 -0.615

Commerzbank 6 6.543 1,654 18 6 6.928 -0.385

DZBank 7 5.403 1,366 19 9 4.335 1.068

RaiffeisenBankInternationalGroup 8 4.751 1,201 13 12 2.977 1.774

BNPParibas 9 4.139 1,047 13 8 5.130 -0.991

INGGroep 10 4.023 1,017 13 10 4.117 -0.094

NorddeutscheLandesbankGZ 11 3.202 810 14 11 3.417 -0.215

Citi 12 2.920 738 3 15 1.020 1.900

SocieteGenerale 13 2.321 587 3 14 1.696 0.625

ErsteGroupBank 14 1.551 392 5 13 2.283 -0.732

DeutscheBank 15 1.393 352 6 7 6.820 -5.427

DanskeBank 16 0.435 110 2 - - 0.435

KreissparkasseEsslingen-Nuertingen 17 0.363 92 2 - - 0.363

HSHNordbank 18 0.316 80 2 22 0.146 0.170

SEB 19 0.237 60 1 - - 0.237

ABNAmroBankNV 20 0.185 47 1 - - 0.185

TOTAL 100% 25,282 168 100%



USMunicipalsReview

USMunicipalLongTerm

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)


Citi 2 12.086 38,766 318 2 11.345 0.741

JPMorgan 3 10.272 32,947 252 3 9.412 0.860

MorganStanley 4 8.319 26,684 243 4 7.854 0.465


WellsFargo 6 4.573 14,666 195 7 5.489 -0.916

GoldmanSachs 7 4.562 14,633 64 6 6.191 -1.629

RaymondJames&Associates 8 4.023 12,902 441 10 3.553 0.470

Jefferies 9 3.547 11,377 63 12 2.620 0.927

PiperJaffray&Co 10 3.545 11,369 344 11 3.435 0.110

Stifel 11 3.217 10,317 542 8 4.481 -1.264

RobertWBaird&Co 12 2.669 8,561 702 13 2.315 0.354

Barclays 13 2.424 7,775 86 9 3.566 -1.142

SiebertCisnerosShank&CoLLC

14 1.722 5,522 36 14 1.660 0.062

SamuelARamirez&CoInc 15 1.630 5,227 29 17 0.908 0.722

DADavidson 16 1.137 3,647 278 16 1.139 -0.002

LoopCapitalMarketsLLC 17 1.125 3,607 21 15 1.469 -0.344

ZieglerCosInc/The 18 0.800 2,567 59 19 0.784 0.016

UBS 19 0.753 2,417 82 27 0.429 0.324

PNCFinancialServicesGroupInc

20 0.698 2,239 96 18 0.810 -0.112

TOTAL 100% 320,740 7,290 100%

Thistableconsistsofalllong-termissuance(fixedrate&adjustablerate)fortheUSMunicipalMarketinUSDollars.Remarketeddealsandprivateplacementsarenotincluded.

GeneralObligation19%

SCD13%

HOSP6%

Others61%

MarketShareChange

MunicipalIndustryDistribution

19%

13%

6%

61%

BankofAmericaM

errillLynch

Citi

JPMorgan

MorganStanley

RBCCapitalMarkets

WellsFargo

5

10

15

Marke

tSha

re(%

)

0

20

2018 2017 2016



USMunicipalLongTermNegotiatedFY2018 FY2017



Citi 2 11.073 26,498 173 2 11.410 -0.337

JPMorgan 3 10.787 25,815 149 3 8.846 1.941


MorganStanley 5 6.971 16,683 96 6 6.759 0.212

GoldmanSachs 6 5.164 12,358 52 5 7.371 -2.207

WellsFargo 7 4.467 10,691 131 9 4.295 0.172


Stifel 9 4.156 9,946 487 7 5.716 -1.560

Jefferies 10 4.131 9,886 44 12 2.872 1.259

PiperJaffray&Co 11 4.048 9,688 233 10 3.998 0.050

Barclays 12 2.845 6,809 76 8 4.544 -1.699

SiebertCisnerosShank&CoLLC 13 2.307 5,522 36 13 2.173 0.134



DADavidson 16 1.488 3,561 257 15 1.446 0.042

RobertWBaird&Co 17 1.191 2,851 168 19 0.963 0.228


PNCFinancialServicesGroupInc 19 0.830 1,987 66 20 0.692 0.138

KeyBancCapitalMarkets 20 0.809 1,936 59 21 0.535 0.274

TOTAL 100% 239,312 4,094 100%

USMunicipalLongTermCompetitiveFY2018 FY2017



Citi 2 15.066 12,268 145 4 11.135 3.931

MorganStanley 3 12.282 10,001 147 2 11.395 0.887

JPMorgan 4 8.759 7,132 103 3 11.240 -2.481

RobertWBaird&Co 5 7.012 5,710 534 6 6.686 0.326

WellsFargo 6 4.882 3,976 64 5 9.349 -4.467


GoldmanSachs 8 2.794 2,275 12 8 2.376 0.418

UBS 9 2.470 2,011 72 17 1.236 1.234

PiperJaffray&Co 10 2.065 1,681 111 12 1.618 0.447

JanneyMontgomeryScottLLC 11 2.016 1,641 112 11 1.784 0.232

Jefferies 12 1.830 1,490 20 10 1.808 0.022


FTNFinancial 14 1.451 1,182 122 14 1.517 -0.066

Roosevelt&CrossInc 15 1.352 1,101 208 13 1.540 -0.188

MesirowFinancialInc 16 1.244 1,013 37 15 1.490 -0.246

Barclays 17 1.187 966 10 26 0.405 0.782

HutchinsonShockeyErley&Co 18 1.129 919 100 16 1.331 -0.202

FidelityCapitalMarkets 19 1.047 853 75 19 1.086 -0.039

BOKFinancialCorp 20 0.849 691 135 25 0.465 0.384

TOTAL 100% 81,428 3,207 100%

USMunicipalLongTermFixedRateFY2018 FY2017



Citi 2 12.588 37,013 290 2 11.514 1.074

JPMorgan 3 10.222 30,059 227 3 9.266 0.956

MorganStanley 4 7.579 22,285 233 4 7.791 -0.212


WellsFargo 6 4.618 13,580 179 7 5.613 -0.995


PiperJaffray&Co 8 3.850 11,322 342 10 3.535 0.315

GoldmanSachs 9 3.819 11,229 56 5 6.163 -2.344

Jefferies 10 3.650 10,733 53 12 2.579 1.071

Stifel 11 3.283 9,653 510 8 4.535 -1.252

RobertWBaird&Co 12 2.911 8,561 702 13 2.422 0.489

Barclays 13 2.130 6,264 63 11 3.257 -1.127

SiebertCisnerosShank&CoLLC 14 1.878 5,522 36 14 1.736 0.142


DADavidson 16 1.239 3,644 278 16 1.175 0.064



UBS 19 0.817 2,401 81 27 0.449 0.368

JanneyMontgomeryScottLLC 20 0.716 2,107 142 22 0.649 0.067

TOTAL 100% 294,045 7,019 100%

USMunicipalLong&ShortTermFY2018 FY2017



JPMorgan 2 11.838 42,156 372 3 10.503 1.335

Citi 3 11.472 40,851 331 2 11.269 0.203

MorganStanley 4 8.507 30,294 280 4 7.769 0.738


WellsFargo 6 4.891 17,415 205 7 5.565 -0.674

GoldmanSachs 7 4.521 16,101 71 6 5.881 -1.360

Jefferies 8 4.379 15,595 458 9 3.477 0.902


PiperJaffray&Co 10 3.273 11,654 367 12 3.223 0.050

Stifel 11 3.066 10,920 583 8 4.178 -1.112

RobertWBaird&Co 12 2.445 8,706 721 13 2.165 0.280

Barclays 13 2.241 7,980 90 10 3.355 -1.114

SiebertCisnerosShank&CoLLC 14 1.551 5,522 36 14 1.552 -0.001


TDSecurities 16 1.081 3,849 254 23 0.558 0.523

DADavidson 17 1.042 3,711 282 16 1.048 -0.006


Oppenheimer&Co 19 0.727 2,590 359 24 0.490 0.237


TOTAL 100% 356,101 8,761 100%



GlobalEquityReview

GlobalEquity,EquityLinked&Rights

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

MorganStanley 1 9.505 62,771 382 1 8.809 0.696

GoldmanSachs 2 9.164 60,517 339 3 7.963 1.201

JPMorgan 3 8.326 54,988 380 2 8.141 0.185

Citi 4 6.743 44,530 314 4 6.036 0.707


CreditSuisse 6 4.165 27,504 221 7 4.439 -0.274

UBS 7 3.978 26,273 172 6 4.719 -0.741

DeutscheBank 8 3.141 20,745 162 8 3.453 -0.312

Barclays 9 2.892 19,101 160 9 3.381 -0.489

Nomura 10 1.602 10,579 110 12 1.616 -0.014

ChinaInternationalCapitalCorp

11 1.587 10,477 44 21 0.875 0.712

Jefferies 12 1.540 10,167 159 15 1.235 0.305



WellsFargo 15 1.399 9,242 95 13 1.469 -0.070


DaiwaSecurities 17 1.128 7,452 49 20 0.919 0.209

BNPParibas 18 1.113 7,352 55 11 1.619 -0.506

HSBC 19 1.029 6,798 55 14 1.376 -0.347


TOTAL 100% 660,395 4,450 100%

Thistableconsistsofequity,equity-linked&rightsofferingsissuedglobally.Thisexcludesbondswithwarrants,closed-endfundorinvestmenttrustissuers,creditlinkednotes,qualifiedinvestorplacements(QIP),reverseconvertiblesandself-ledtransactions.Thethresholdsinclude12monthminimumcall,put&maturityperiods.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials27%

HealthCare14%

Technology13%


Industrials10%

Communications8%

Materials6%

Others12%

GlobalEquity,EquityLinked&Rights:ManagerRankingsHistory

GlobalEquity,EquityLinked&Rights:IndustryBreakdown

27%

14%

13%12%

10%

8%

6%

12%

MorganStanley

Goldm

anSachs

JPMorgan Ci

ti

BankofAmericaM

errillLynch

CreditSuisse

2

4

6

8

Marke

tSha

re(%

)

0

10

2018 2017 2016



GlobalEquity&EquityLinkedFY2018 FY2017


MorganStanley 1 9.804 60,079 374 1 9.208 0.596

GoldmanSachs 2 9.566 58,622 330 3 8.338 1.228

JPMorgan 3 8.404 51,502 365 2 8.367 0.037

Citi 4 7.075 43,360 308 4 6.155 0.920


CreditSuisse 6 4.312 26,423 214 7 4.390 -0.078

UBS 7 3.559 21,810 152 6 4.557 -0.998

DeutscheBank 8 3.209 19,665 154 9 3.399 -0.190

Barclays 9 2.812 17,232 152 8 3.415 -0.603

Nomura 10 1.689 10,348 110 11 1.780 -0.091

Jefferies 11 1.655 10,142 158 15 1.218 0.437


ChinaInternationalCapitalCorp 13 1.615 9,897 44 20 0.913 0.702

WellsFargo 14 1.508 9,242 95 12 1.561 -0.053




BNPParibas 18 1.033 6,329 48 13 1.400 -0.367


CITICSecurities 20 0.830 5,086 42 14 1.250 -0.420

TOTAL 100% 612,817 4,215 100%

GlobalEquityOfferingsFY2018 FY2017


MorganStanley 1 9.912 50,944 316 1 9.518 0.394

GoldmanSachs 2 8.981 46,158 269 2 8.680 0.301

JPMorgan 3 7.875 40,475 294 3 7.536 0.339

Citi 4 7.436 38,219 273 4 6.576 0.860


CreditSuisse 6 4.424 22,735 185 7 4.648 -0.224

UBS 7 3.656 18,790 139 6 4.865 -1.209

DeutscheBank 8 3.164 16,260 132 9 3.098 0.066

Barclays 9 2.855 14,675 132 8 3.386 -0.531

Jefferies 10 1.726 8,872 144 13 1.244 0.482


Nomura 12 1.647 8,464 95 11 1.469 0.178




WellsFargo 16 1.372 7,052 78 12 1.395 -0.023


BNPParibas 18 0.897 4,610 33 14 1.137 -0.240

Cowen&Co 19 0.800 4,114 81 28 0.526 0.274


TOTAL 100% 513,958 3,781 100%

GlobalEquityIPOFY2018 FY2017


MorganStanley 1 6.934 14,423 103 3 5.623 1.311

GoldmanSachs 2 5.907 12,285 98 5 4.092 1.815


JPMorgan 4 5.328 11,082 96 2 5.635 -0.307

Citi 5 4.887 10,164 92 1 6.668 -1.781

CreditSuisse 6 4.088 8,504 72 4 5.414 -1.326

DeutscheBank 7 3.825 7,956 52 7 3.457 0.368


UBS 9 3.007 6,255 42 6 3.842 -0.835

Nomura 10 2.391 4,974 32 16 1.275 1.116




SBIHoldingsInc/Japan 14 1.572 3,270 12 205 0.042 1.530

Barclays 15 1.371 2,851 33 9 1.827 -0.456


BNPParibas 17 1.352 2,812 19 22 1.040 0.312

Jefferies 18 1.323 2,752 41 18 1.154 0.169

ChinaMerchantsSecurities 19 1.254 2,609 23 19 1.113 0.141

HuataiSecurities 20 1.247 2,594 16 35 0.554 0.693

TOTAL 100% 207,993 1,453 100%

GlobalEquityLinkedFY2018 FY2017


GoldmanSachs 1 12.607 12,463 61 3 6.357 6.250

JPMorgan 2 11.154 11,027 71 1 13.185 -2.031

MorganStanley 3 9.241 9,135 58 2 7.414 1.827


Citi 5 5.200 5,141 35 7 3.714 1.486

CreditSuisse 6 3.731 3,688 29 12 2.894 0.837

DeutscheBank 7 3.444 3,405 22 5 5.146 -1.702

UBS 8 3.055 3,020 13 13 2.771 0.284


Barclays 10 2.586 2,556 20 9 3.583 -0.997

WellsFargo 11 2.214 2,189 17 14 2.523 -0.309

Nomura 12 1.905 1,883 15 8 3.584 -1.679

BNPParibas 13 1.739 1,719 15 11 2.926 -1.187

ChinaInternationalCapitalCorp 14 1.613 1,595 6 10 3.296 -1.683


HSBC 16 1.421 1,405 13 18 1.560 -0.139


Jefferies 18 1.285 1,270 14 23 1.069 0.216



TOTAL 100% 98,858 434 100%



GlobalLoansReview

GlobalLoans

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

JPMorgan 1 10.182 439,362 1,336 2 9.092 1.090


Citi 3 5.657 244,116 784 3 5.320 0.337

WellsFargo 4 5.458 235,508 804 4 5.292 0.166

GoldmanSachs 5 3.570 154,037 552 7 3.416 0.154

Barclays 6 3.408 147,073 612 5 4.080 -0.672


MitsubishiUFJFinancialGroupInc

8 3.046 131,458 477 13 2.273 0.773

BNPParibas 9 3.041 131,218 522 12 2.526 0.515

DeutscheBank 10 2.952 127,366 515 6 3.630 -0.678

HSBC 11 2.588 111,660 507 10 3.185 -0.597

CreditSuisse 12 2.190 94,497 489 9 3.211 -1.021

MorganStanley 13 1.976 85,269 361 11 2.768 -0.792




USBancorp 17 1.723 74,361 306 23 1.293 0.430


TDSecurities 19 1.694 73,118 255 17 1.549 0.145

Scotiabank 20 1.656 71,465 285 18 1.479 0.177

TOTAL 100% 4,315,249 6,864 100%

Thistableconsistsofloanssyndicatedglobally.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.InvestmentgradeUSbridgeloanswillbeincludedonAnnounceDate.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials19%


Industrials12%

Energy12%

Technology8%

HealthCare8%

Materials7%

Communications7%

ConsumerStaples6%

Utilities5%

Others1%

GlobalLoans:BookrunnerRankingsHistory

GlobalLoans:IndustryBreakdown

19%

14%

12%12%

8%8%

7%

7%

6%

5%

JPMorgan

BankofAmericaM

errillLynch

Citi

WellsFargo

Goldm

anSachs

Barclays

5

10

Marke

tSha

re(%

)

0

15

2018 2017 2016



GlobalLoans(Bookrunner)FY2018 FY2017


JPMorgan 1 10.182 439,362 1,336 2 9.092 1.090


Citi 3 5.657 244,116 784 3 5.320 0.337

WellsFargo 4 5.458 235,508 804 4 5.292 0.166

GoldmanSachs 5 3.570 154,037 552 7 3.416 0.154

Barclays 6 3.408 147,073 612 5 4.080 -0.672



BNPParibas 9 3.041 131,218 522 12 2.526 0.515

DeutscheBank 10 2.952 127,366 515 6 3.630 -0.678

HSBC 11 2.588 111,660 507 10 3.185 -0.597

CreditSuisse 12 2.190 94,497 489 9 3.211 -1.021

MorganStanley 13 1.976 85,269 361 11 2.768 -0.792




USBancorp 17 1.723 74,361 306 23 1.293 0.430


TDSecurities 19 1.694 73,118 255 17 1.549 0.145

Scotiabank 20 1.656 71,465 285 18 1.479 0.177

TOTAL 100% 4,315,249 6,864 100%

GlobalLoans(MandatedLeadArranger)FY2018 FY2017


JPMorgan 1 8.865 419,640 1,424 1 8.142 0.723

BankofAmericaMerrillLynch 2 7.983 377,871 1,467 2 7.960 0.023

Citi 3 5.266 249,268 917 3 5.076 0.190

WellsFargo 4 4.851 229,622 879 4 4.671 0.180

GoldmanSachs 5 3.325 157,379 591 7 3.111 0.214


Barclays 7 3.198 151,367 696 5 3.503 -0.305


BNPParibas 9 2.902 137,386 784 13 2.469 0.433

DeutscheBank 10 2.771 131,148 611 6 3.193 -0.422

HSBC 11 2.667 126,218 748 9 3.007 -0.340

CreditSuisse 12 2.164 102,420 528 10 2.901 -0.737




MorganStanley 16 1.900 89,955 393 12 2.529 -0.629

BankofChina 17 1.867 88,371 486 14 1.993 -0.126


USBancorp 19 1.687 79,873 350 23 1.238 0.449

Scotiabank 20 1.663 78,703 340 19 1.428 0.235

TOTAL 100% 4,733,450 7,897 100%

GlobalSponsor-LedLoans(Bookrunner)FY2018 FY2017


GoldmanSachs 1 7.388 54,938 299 2 7.080 0.308


CreditSuisse 3 6.943 51,631 291 3 6.973 -0.030

JPMorgan 4 6.105 45,398 235 4 6.714 -0.609

Barclays 5 5.925 44,061 267 5 6.219 -0.294

DeutscheBank 6 5.266 39,160 229 7 5.540 -0.274


MorganStanley 8 4.333 32,219 191 6 5.638 -1.305

Jefferies 9 4.245 31,564 230 8 4.969 -0.724

Citi 10 2.978 22,146 142 9 4.071 -1.093

UBS 11 2.920 21,715 136 14 2.523 0.397

AntaresCapitalLP 12 2.685 19,965 237 17 2.048 0.637

KohlbergKravisRoberts&Co 13 2.508 18,649 112 12 2.868 -0.360

WellsFargo 14 2.400 17,848 94 11 3.035 -0.635


BNPParibas 16 2.180 16,211 93 18 1.855 0.325

Macquarie 17 2.083 15,490 94 15 2.244 -0.161

HSBC 18 2.052 15,258 87 16 2.133 -0.081

SunTrustRobinsonHumphrey 19 1.943 14,447 121 20 1.759 0.184

Nomura 20 1.671 12,428 74 13 2.587 -0.916

TOTAL 100% 743,603 1,594 100%

GlobalSponsor-LedLoans(MandatedLeadArranger)FY2018 FY2017


GoldmanSachs 1 7.278 55,755 311 1 6.843 0.435

CreditSuisse 2 6.912 52,950 295 2 6.799 0.113


JPMorgan 4 5.876 45,016 238 4 6.508 -0.632

Barclays 5 5.627 43,111 274 5 5.980 -0.353

DeutscheBank 6 5.220 39,992 244 6 5.467 -0.247

Jefferies 7 4.128 31,624 235 8 4.753 -0.625


MorganStanley 9 4.078 31,243 198 7 5.435 -1.357

Citi 10 2.954 22,632 148 10 3.911 -0.957

UBS 11 2.730 20,911 132 14 2.459 0.271

AntaresCapitalLP 12 2.573 19,709 244 16 2.163 0.410


WellsFargo 14 2.459 18,838 99 12 2.845 -0.386

KohlbergKravisRoberts&Co 15 2.329 17,843 112 11 2.869 -0.540

BNPParibas 16 2.182 16,714 122 19 1.877 0.305

HSBC 17 2.132 16,331 102 17 1.962 0.170

Macquarie 18 2.059 15,771 99 15 2.252 -0.193

SunTrustRobinsonHumphrey 19 1.947 14,915 127 20 1.850 0.097

Nomura 20 1.572 12,043 73 13 2.490 -0.918

TOTAL 100% 766,097 1,683 100%



GlobalBridgeLoans(Bookrunner)FY2018 FY2017


JPMorgan 1 16.280 38,930 25 5 5.242 11.038

GoldmanSachs 2 13.876 33,181 17 28 0.842 13.034




WellsFargo 6 4.872 11,650 3 74 0.036 4.836

Citi 7 4.743 11,343 14 14 2.144 2.599

Barclays 8 3.935 9,411 13 1 11.468 -7.533

BNPParibas 9 3.893 9,310 21 7 4.328 -0.435

MorganStanley 10 3.262 7,800 7 12 2.409 0.853

DeutscheBank 11 2.894 6,921 8 6 4.943 -2.049

HSBC 12 2.502 5,983 11 3 11.314 -8.812


StandardCharteredBank 14 1.410 3,372 9 35 0.290 1.120

CreditSuisse 15 1.311 3,136 11 8 4.049 -2.738

UniCredit 16 1.192 2,850 11 11 2.533 -1.341

Natixis 17 1.149 2,749 9 22 1.162 -0.013

IntesaSanpaolo 18 0.989 2,364 7 16 1.664 -0.675

UnitedOverseasBank 19 0.836 2,000 2 - - 0.836


TOTAL 100% 239,130 100 100%

GlobalBridgeLoans(MandatedLeadArranger)FY2018 FY2017


JPMorgan 1 13.403 34,110 31 2 6.862 6.541

GoldmanSachs 2 12.053 30,674 19 30 1.179 10.874




WellsFargo 6 4.578 11,650 3 100 0.033 4.545

MorganStanley 7 3.714 9,453 11 19 2.174 1.540

BNPParibas 8 3.311 8,427 37 4 3.747 -0.436

Citi 9 3.186 8,108 20 10 2.797 0.389

Barclays 10 3.140 7,992 19 11 2.734 0.406

HSBC 11 2.883 7,336 22 1 9.944 -7.061

CreditSuisse 12 2.574 6,551 16 13 2.622 -0.048

DeutscheBank 13 2.416 6,149 15 18 2.247 0.169

UniCredit 14 1.716 4,367 20 12 2.690 -0.974

MizuhoFinancial 15 1.707 4,343 10 7 3.026 -1.319

StandardCharteredBank 16 1.348 3,430 10 27 1.359 -0.011

Natixis 17 1.288 3,279 14 29 1.193 0.095


INGGroep 19 1.121 2,854 15 8 2.953 -1.832

IntesaSanpaolo 20 1.088 2,770 12 22 1.784 -0.696

TOTAL 100% 254,497 135 100%

GlobalGreenLoans(Bookrunner)FY2018 FY2017



BancoSantander 2 8.869 1,906 13 4 4.669 4.200

INGGroep 3 6.898 1,482 11 12 2.170 4.728

BNPParibas 4 6.218 1,336 8 27 1.064 5.154

BancoBilbaoVizcayaArgentaria 5 5.867 1,261 8 47 0.556 5.311

CreditAgricoleCIB 6 4.635 996 10 14 1.955 2.680

NationalAustraliaBank 7 4.454 957 4 49 0.454 4.000

SumitomoMitsuiFinancial 8 3.659 786 7 8 2.689 0.970

HSBC 9 3.349 720 5 - - 3.349

LaCaixa 10 2.762 593 6 38 0.891 1.871

Natixis 11 2.704 581 3 31 0.955 1.749

KeyBancCapitalMarkets 12 2.654 570 7 45 0.662 1.992

BankofAmericaMerrillLynch 13 2.327 500 1 19 1.538 0.789

JPMorgan 13 2.327 500 1 - - 2.327

SocieteGenerale 15 1.842 396 3 24 1.258 0.584

L&TFinancialServices 16 1.827 393 9 6 4.236 -2.409

Citi 17 1.763 379 2 25 1.205 0.558

CassaDepositiePrestitiSpA 18 1.638 352 2 - - 1.638

IntesaSanpaolo 18 1.638 352 2 46 0.615 1.023

KoreaDevelopmentBank 20 1.489 320 2 52 0.443 1.046

TOTAL 100% 21,490 74 100%

GlobalGreenLoans(MandatedLeadArranger)FY2018 FY2017



INGGroep 2 5.928 2,664 27 8 3.307 2.621

SumitomoMitsuiFinancial 3 5.378 2,417 24 1 6.883 -1.505

BancoSantander 4 4.687 2,106 20 2 5.427 -0.740

BNPParibas 5 4.536 2,039 25 7 3.493 1.043



BancoBilbaoVizcayaArgentaria 8 2.820 1,267 9 37 0.763 2.057


Natixis 10 2.438 1,096 11 10 2.634 -0.196

AbsaGroupLtd 11 2.407 1,082 6 - - 2.407

Industrial&CommBankofChina 12 2.066 928 7 80 0.272 1.794

HSBC 13 2.053 922 10 52 0.492 1.561

LaCaixa 14 1.902 855 10 12 1.892 0.010

NationalAustraliaBank 15 1.837 826 12 16 1.423 0.414

Rabobank 16 1.714 770 6 15 1.552 0.162

BankofChina 17 1.653 743 5 - - 1.653

KeyBancCapitalMarkets 18 1.578 709 10 45 0.651 0.927

KoreaDevelopmentBank 19 1.446 650 8 27 0.949 0.497

KreditanstaltfuerWiederaufbau 20 1.409 633 5 14 1.800 -0.391

TOTAL 100% 44,939 143 100%



GlobalAcquisitionLoans(Bookrunner)FY2018 FY2017


JPMorgan 1 10.952 123,065 317 2 7.181 3.771


GoldmanSachs 3 6.462 72,619 249 8 3.888 2.574

WellsFargo 4 5.546 62,319 169 5 3.988 1.558

Barclays 5 5.251 59,002 250 3 5.487 -0.236

DeutscheBank 6 3.713 41,720 212 9 3.576 0.137

Citi 7 3.712 41,715 172 6 3.926 -0.214



BNPParibas 10 3.293 37,000 138 11 3.299 -0.006

CreditSuisse 11 2.915 32,754 222 7 3.904 -0.989

MorganStanley 12 2.885 32,424 158 10 3.360 -0.475


HSBC 14 2.028 22,790 106 4 4.318 -2.290


Jefferies 16 1.668 18,746 162 13 2.776 -1.108

Scotiabank 17 1.543 17,343 61 27 1.056 0.487

UBS 18 1.391 15,627 114 22 1.501 -0.110



TOTAL 100% 1,123,719 1,644 100%

GlobalAcquisitionLoans(MandatedLeadArranger)FY2018 FY2017


JPMorgan 1 9.835 115,087 330 2 6.981 2.854


GoldmanSachs 3 5.932 69,422 263 6 3.733 2.199

WellsFargo 4 5.014 58,678 177 5 3.871 1.143

Barclays 5 4.873 57,020 269 4 4.116 0.757


DeutscheBank 7 3.478 40,696 235 12 2.810 0.668

Citi 8 3.445 40,316 191 3 4.237 -0.792


BNPParibas 10 3.091 36,167 202 11 2.881 0.210

CreditSuisse 11 3.081 36,052 234 8 3.383 -0.302

MorganStanley 12 2.759 32,291 169 9 3.154 -0.395

HSBC 13 2.421 28,328 139 7 3.535 -1.114



Jefferies 16 1.628 19,048 165 13 2.525 -0.897


Scotiabank 18 1.533 17,943 68 25 1.308 0.225

SunTrustRobinsonHumphrey 19 1.339 15,671 128 18 1.731 -0.392


TOTAL 100% 1,170,213 1,760 100%

Bloomberg – League Tables Criteria

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

General Guidelines

Credit is based on the total amount of the offering sold to the public. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers; unless full, explicit breakdown of bookrunning is provided by an involved party. Regional and local tables are identifiedbased on factors such as currency, market of issuer and/or country of risk/incorporation.

Fixed Income

All transactions must have a maturity/call/put option of minimum 18 months. Make-whole call and provisional call/put are exempted from this rule. Note: Criteria may vary for some local and/or regional tables. USD denominated 144A/REG S issues are credited 100% to the 144A tranche and 0% to the REG S tranche. Non-USD denominated 144A/REG S issues are credited 100% to the REG S tranche and 0% to the 144A tranche. Self-led transactions are included. New money portions of exchange offers are eligible for credit.

Exclusions: Accredited investor tranches, asset-backed issues, auction note agencies, collateralized bond obligations, collateralized loan obligations, commercial paper, municipal bonds, mortgage-backed issues, remarketed issues, repackaged bonds, government borrowing scheme retained bonds, variable principal redemption issues, variable interest equity-linked issues, and credit linked notes, selling group agency issues, strips, units, warrants, self-led under USD 50 million. Note: Criteria may vary for some local and/or regional tables.

Equities-Linked

Equity-linked transactions: Convertible bonds, convertible preferred stock and exchangeable bonds. Only issues that mature and are callable/puttable in 12 months or longer are included. Make-whole call, provisional call and provisional put are exempted from this rule. Convertible bondswith attached warrants are included. These are defined as synthetic convertibles with the combination of a fixed income instrument and warrants which can be converted into shares. The embedded warrant can be detachable or non-detachable but the bond and the warrant must be sold as a unit, i.e. there cannot be separate book building for the warrant and the bond.

Exclusions: Redemption-linked instruments, reverse convertibles or similar instruments, synthetics convertibles, issues convertible into participation in an underlying fund or investment trust, pre-IPO convertible instruments, certain lower hierarchy titles, i.e. Jr Bookrunner.

Equities

Equity market transactions: Initial public offerings, additional offerings of common stocks, units, and depositary receipts (ADRs, GDRs, etc) and rights offerings.

Exclusions: Non-underwritten/best efforts, privately placed transactions, funds, self-led, preferred offerings, pre-negotiated offerings, certain lower hierarchy titles, i.e. Jr Bookrunner. Note: Criteria may vary for some local and/or regional tables.

Bloomberg – League Tables Criteria

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

Loans

Includes executed syndicated loans transactions. Full credit is awarded to the banks satisfying the highest of the titles. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers. Credit is allocated to amended or amended and restated transactions, where each modification is 100% at the lender’s option and not as a result of events already built into the original credit agreement. Credit is awarded for the following structural changes only: maturity extensions of three months or more, incremental basis for increased in deal size, reduction in pricing, full release of security.

Exclusions: Bilateral transactions, transactions with a maturity of less than three months, loans withdrawn prior to signing, amended orrestated securitizations, receivable and guarantee facilities.

US Municipals

Standard published tables will award deal credit based on true economic credit as reported by the issuer or the bookrunner. In absence ofreported economic credit, 100% will be assigned to the bookrunner.

Dollar value of credit will be assigned based on the percentage allocation reported for economic credit (or designated by the user in a custom table) and applied against the total par value of the bonds issued. Zero coupon bonds (CABS) or intermediate appreciation bonds (convertible CABs) will be included at the market value (accreted value) on the interest accrual date.

All debt issued by municipal issuers will be eligible for league credit. Taxable and tax-exempt debt is eligible for league credit unless a table includes specific tax type criteria. “Tax-exempt” is defined as federally tax-exempt and includes bonds subject to AMT and bonds designated as Bank Qualified.

Each table is provided in three formats. “Economic Credit” displays rankings based on true economic credit allocations of applicable deals. “Left Lead” assigns 100% credit to the bookrunner and 0% to all other syndicate participants. “Deal Count” displays rankings based on deal quantity rather than aggregate economic credit amounts. A “deal” refers to the aggregate series within an issuance led by a particular underwriter or syndicate. For example: a $50 million issuance is split into three series- a $10 million Series A, a $20 million Series B, and a $20 million Series C. Bank 1 is the underwriter of Series A & B, while Bank 2 is the underwriter of Series C. Bank 1 would have one “deal” worth $30 million, and Bank 2 would have one “deal” worth $20 million.

Exclusions: Derivatives, private placements, variable rate preferred securities, municipal commercial paper, and remarketings are excluded from municipal league table eligibility.

The full version of Bloomberg’s League table Standards & Guidelines can be accessed and subscribed to on the Reports tab on

LEAG<GO>.

Documents

GLOBAL CAPITAL MARKETS...Credit Agricole CIB 10 2.688 97,463 788 11 2.333 0.355 Societe Generale 11 2.556 92,676 577 12 2.273 0.283 Credit Suisse 12 2.426 87,960 650 10 2.521 -0.095