• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

D. Murali

Advertisement

Chennai Feb 8 With a deal count of only 8, ABN Amro jumped to rank 1 last year, from rank 22 in 2005, as per the latest M&A (mergers and acquisitions) financial advisory league tables compiled by Bloomberg. ABN's market share in 2006 was more than a quarter, and the deal volume nudged close to $13 billion; in comparison, the market share in 2005 was less than one per cent. `Deals', for starters, are defined as `mergers, acquisitions, divestitures, self-tenders and spin-offs,' while excluding `open market repurchases'.

Ernst & Young recorded nearly eight times in deal count, but ranked only in the fourth slot, with a volume of about $11 billion. In the previous year the firm stood in the third position. However, E&Y's market share almost tripled in 2006, from 7.5 per cent in 2005.

Deutsche Bank AG and Rothschild are in ranks 2 and 3, compared to ranks 24 and 8 respectively in 2005. KPMG Corp Finance too saw a significant change in its league position, from the 21st place to the sixth, even as its market share rose more than 12 times, with 14 deals valued at close to $6 billion last year.

On the contrary, Morgan Stanley climbed down from the top rank in 2005 to the fifth position in 2006, with its market share dramatically falling from 40 per cent to 13 per cent. Other players in the $1 billion-plus category are Merrill Lynch, Citigroup, UBS, Bank of America, PricewaterhouseCoopers and Ambit Corporate Finance.

Another upset in the league tables is that of Enam Financial Consultants, which has improved its ranking from 49 to 13, though with a sub-$1 billion volume from five deals. Not far behind is YES Bank, which saw 14 deals in 2006; its ranking in 2005 was 34.

In the bottom five of the `top 20 ranks' are: Rabobank International, Standard Chartered, Scotia Capital, Goldman Sachs, and Woori Investment & Securities.

More Stories on : Financial Services | Mergers & Acquisitions

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
ABN Amro tops advisory league table

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line