S&P Global Market Intelligence on Jan. 10 released fourth-quarter 2021 capital markets league tables for its covered North American sectors.
Banking
Goldman Sachs leads bank common equity underwriters in 2021
Goldman Sachs & Co. LLC bid 2021 farewell as the top underwriter for common equity offerings in the U.S. bank and thrift industry after underwriting nine offerings worth $2.51 billion in deal credit, according to S&P Global Market Intelligence data.
Financial services
Goldman is top 2021 fintech, payments underwriter on equity deals
In the asset management and investment banks, brokers and capital markets space, J.P. Morgan Securities LLC was the top underwriter of IPOs in 2021, having worked on two assignments.
Insurance
Morgan Stanley tops insurance common equity underwriter rankings in 2021
BofA Securities Inc. was second with $581.2 million in deal credit from three offerings, while J.P. Morgan Securities was third with $313.7 million in deal credit from four offerings.
Real estate
J.P. Morgan nabs top spot among real estate debt underwriters in 2021
BofA Securities maintained its runner-up spot among the real estate debt underwriters in 2021.
Media
DISH offering helps J.P. Morgan retain lead as top media underwriter in 2021
J.P. Morgan Securities secured the title as top debt adviser by deal credit for U.S. and Canadian media companies in 2021, thanks in part to its work on fourth-quarter issuances by subsidiaries of DISH Network Corp. and Warner Music Group Corp.
Oil and gas
JP Morgan claims top spot in 2021 as oil, gas debt offerings accelerate in Q4
J.P. Morgan Securities ended the year with the highest value of total debt offerings, while Mizuho Securities USA LLC's big quarter helped it overtake former first-placers TD Securities (USA) LLC and Barclays Capital Inc. to land in third place.
Utilities
Wells Fargo again finishes 2021 as top utility debt underwriter
Wells Fargo Securities LLC served as a book manager for 71 debt offerings with a total deal credit of about $6.68 billion in 2021, according to an S&P Global Market Intelligence analysis.
Telecommunications
J.P. Morgan leads from start to finish in 2021 as top telecom debt adviser
J.P. Morgan Securities closed out 2021 on top of the debt adviser rankings for the U.S. and Canadian telecommunications sector, buoyed by its work on a series of large bond sales by major carriers earlier in the year.