Having a Credit Suisse size business under the belt is likely to have been of some help in climbing key ranking spots.
UBS, Switzerland’s largest bank, is the undisputed leader in first-half M&A rankings in Asia, according to figures released by Dealogic Tuesday.
Although it also placed first a year earlier overall for APAC (ex-Japan) M&A revenue per bank, several other boosts in overall position and may have been influenced by integrating the business of its erstwhile competitor, and Switzerland’s former second-largest financial institution, Credit Suisse.
Clear Improvement
For example, when it came to APAC M&A volume by advisor (ex-fairness opinion), UBS improved to first from sixth, and in Asia (ex-Japan), it also improved seven places to lead the table.
In China, however, it fell three places to sixth when it came to M&A revenue by bank although the M&A volume by advisor (ex-fairness opinion) rose to second from seventh.
