This publication is supplementary to our quarterly Results Review: it ranks top capital markets revenue generators in each region and product area. All data is reconciled against the published financial statements. Further detail is available on request.

1. Rankings
1 / 4 20 March 2014
Capital Markets: Regions FY13
This publication is supplementary to our quarterly Results Review: it ranks top capital markets
revenue generators in each region and product area. All data is reconciled against the published
financial statements. Further detail is available on request.
EMEA
Rankings (Operating revenue, US$, FY13)
% Change share of peer group operating revenue (FY13 / FY12)
Issuance&AdvisoryFICCEquities
Source: Tricumen. Notes: (1) Tricumen product definitions throughout. (2) Revenue is post-writedowns, excludes
DVA/equivalent and one-offs. (3) This table utilises standard competition '1224' ranking: equal rank is given to banks whose
revenues are within 10% of their peers, then a gap is left in the ranking numbers.
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
EMEA #1 #3 #2
Issuance & Advisory #1 #2 #2
FICC #2 #1 #2
Equities #2 #1 #1
0.7% 0.7%
0.2%
0.5%
0.7%
-0.2%
1.2%
0.2% 0.3%
1.1%
-0.8%
0.5%
1.0%
-0.01
-0.005
0
0.005
0.01
0.015
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
mkt
share
gain
mkt
share
loss
-0.8%
-0.5%
-0.7%
0.9%
0.4%
-0.9%
1.0%
0.6%
0.2%
0.3%
-0.1%
-0.3%
-0.4%
-0.015
-0.01
-0.005
0
0.005
0.01
0.015
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
mkt
share
gain
mkt
share
loss
1.3%
0.3%
0.7%
0.2%
-0.2%
1.2%
-4.2%
1.0% 1.1%
2.4%
-0.1%
1.5%
3.3%
-0.05
-0.04
-0.03
-0.02
-0.01
0
0.01
0.02
0.03
0.04
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
mkt
share
gain
mkt
share
loss

2. Sector
2 / 4 20 March 2014
Americas
Rankings (Operating revenue, US$, FY13)
% Change share of peer group operating revenue (FY13 / FY12)
Issuance&AdvisoryFICCEquities
Source: Tricumen. Notes: (1) Tricumen product definitions throughout. (2) Revenue is post-writedowns, excludes
DVA/equivalent and one-offs. (3) This table utilises standard competition '1224' ranking: equal rank is given to banks whose
revenues are within 10% of their peers, then a gap is left in the ranking numbers.
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
AMER #2 #2 #1
Issuance & Advisory #2 #3 #1
FICC #1 #2 #1
Equities #2 #2 #1
1.6% 1.7%
0.1% 0.1%
0.7%
-1.3%
1.6%
0.3%
2.0%
0.8%
-2.3%
0.7%
-0.1%
-0.03
-0.025
-0.02
-0.015
-0.01
-0.005
0
0.005
0.01
0.015
0.02
0.025
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
mkt
share
gain
mkt
share
loss
-0.6%
-0.2%
0.1%
0.4% 0.3%
-0.6%
1.8%
-0.0%
-1.2%
0.7%
-0.1%
0.0%
1.6%
-0.015
-0.01
-0.005
0
0.005
0.01
0.015
0.02
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
mkt
share
gain
mkt
share
loss
2.5%
1.1%
0.7%
1.8%
1.5%
2.8%
-1.2%
0.8%
1.2%
2.7%
-0.0%
1.3%
1.6%
-0.015
-0.01
-0.005
0
0.005
0.01
0.015
0.02
0.025
0.03
0.035
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
mkt
share
gain
mkt
share
loss

3. Sector
3 / 4 20 March 2014
Asia Pacific
Rankings (Operating revenue, US$, FY13)
% Change share of peer group operating revenue (FY13 / FY12)
Issuance&AdvisoryFICCEquities
Source: Tricumen. Notes: (1) Tricumen product definitions throughout. (2) Revenue is post-writedowns, excludes
DVA/equivalent and one-offs. (3) This table utilises standard competition '1224' ranking: equal rank is given to banks whose
revenues are within 10% of their peers, then a gap is left in the ranking numbers.
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
APAC #1 #1 #1
Issuance & Advisory #1 #1 #1
FICC #2 #3 #1
Equities #1 #3 #2
1.1%
-1.1%
0.5%
0.8%
-1.2%
2.2% 2.1%
-0.1%
-2.0%
-0.7% -0.7%
0.1%
5.1%
-0.03
-0.02
-0.01
0
0.01
0.02
0.03
0.04
0.05
0.06
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
mkt
share
gain
mkt
share
loss
-0.1%
-0.3% -0.2%
0.7%
-0.2%
-0.5%
2.8%
0.2%
1.2%
0.3%
-0.1%
0.1%
0.7%
-0.01
-0.005
0
0.005
0.01
0.015
0.02
0.025
0.03
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
mkt
share
gain
mkt
share
loss
3.0%
5.4%
-0.3%
2.0%
2.9% 3.0%
-0.9%
2.9%
3.9%
1.8%
-0.1%
4.3%
3.9%
-0.02
-0.01
0
0.01
0.02
0.03
0.04
0.05
0.06
BAML BARC BNPP Citi CS DBK GS HSBC JPM MS RBS SG UBS
mkt
share
gain
mkt
share
loss

4. Sector
4 / 4 20 March 2014
About Tricumen
Tricumen was founded in 2008. It quickly became a strong provider of diversified market intelligence
across the capital markets and has since expanded into transaction and corporate banking coverage.
Tricumen’s data has been used by many of the world’s leading investment banks as well as strategy
consulting firms, investment managers and ‘blue chip’ corporations.
Situated near Cambridge in the UK, Tricumen is almost exclusively staffed with senior individuals with
an extensive track record of either working for or analysing banks; and boasts what we believe is the
largest capital markets-focused research network of its peer group.
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