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Our Global Markets Reviews for full year 2017 look at key trends across investment banking, M&A, ECM, DCM, Leveraged Finance, and Loans, according to Dealogic figures. Read the EMEA 2017 highlights from our Q4 2017 report.

EMEA Q4 2017 highlights

EMEA only accounted for 23.4% of global IB revenue, about the same share as in 2016. US banks increased their share of the EMEA IB wallet to 37.2%, their highest annual share since 2001 (37.4%).

EMEA ECM revenue was up 52% to $3.7bn from $2.5bn in 2016, driven by a 78% increase in IPO revenue to $1.2bn ($689m in 2016).

IB – EMEA IB revenue was up 8% year-on-year to $19.0bn in 2017, boosted by the ECM market recovery

M&A – $5bn+ EMEA-targeted M&A deals stood at $395.8bn via 34 deals, the highest volume and activity since 2008 ($425.3bn via 38 deals)

ECM – EMEA follow-on activity reached a full year record high in 2017 (1,260 deals), exceeding the previous record of 2007

LevFin – European LevFin volume was up to $275.7bn in 2017 compared to $148.5bn in 2016

IG Loans – EMEA investment-grade (IG) loan volumes declined for a third consecutive year to $549.5bn, down 4% compared with 2016 and the lowest since 2012.

Deals – Landis & Gyr ($2.4bn) is the fourth largest EMEA tech IPO to price since 2000 it completed successfully through the DealManager network. Investors used Dealogic Connect to place electronic orders securely to banks. Read more>>

EMEA 2017 rankings

EMEA Investment Banking Revenue by Bank – Full Year 2017 league table
Rank  Bank Revenue  Share 2016
1 JPMorgan $1,495m 7.9% 1
2 Citi $1,075m 5.7% 4
3 Goldman Sachs $1,072m 5.6% 2
4 Deutsche Bank $989m 5.2% 3
5 Bank of America Merrill Lynch $934m 4.9% 7
6 Morgan Stanley $901m 4.7% 5
7 Barclays $809m 4.3% 6
8 Credit Suisse $752m 4.0% 10
9 HSBC $745m 3.9% 8
10 BNP Paribas $707m 3.7% 9

For more EMEA 2017 league tables, please contact us.

Read more highlights from the annual reports


Data source: Dealogic, as of January 1, 2018

Contact us for more information or a full copy of our Global Markets Reviews for full year 2017. Learn more about the Dealogic platform.