BNP Paribas and Barclays jostle in European DCM

After a frenetic final week of June last-minute deals propelled some banks up the European debt rankings at the expense of rivals

A frenetic close to the first half of the year in European debt markets witnessed a host of league table position changes, with Barclays charging up the high-yield rankings, and BNP Paribas finding DCM something of a double-edged sword.

The French bank had been in third spot for bookrunners of European investment-grade corporate debt - behind top player HSBC and French rival Societe Generale - when data provider Dealogic published its preliminary first-half figures on June 24, underwriting $14.2 billion of deals in that sector.

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