Friday, June 29, 2007

Citigroup top H1 underwriter, Merrill tops in fees

(Reuters) - The volume of securities offerings totaled $4.53 trillion, up 15 percent from a year earlier. Citigroup, JPMorgan Chase & Co. and Deutsche Bank AG retained their top three rankings, handling a respective $398.1 billion, $338.5 billion and $291.2 billion of volume.



Total disclosed fees edged up 2 percent to $7.7 billion. Merrill took in $869.7 million, followed by JPMorgan's $768.3 million and Citigroup's $654.1 million. Citigroup had ranked first a year earlier, while Merrill ranked fourth and JPMorgan fifth.


Read more at Reuters.com Bonds News

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