At global banks, underwriting activity surged in 2019

JP Morgan led the world with €459.3 billion of transactions

The amount of debt and equity underwriting handled by the world’s largest banks leapt €796 billion ($831.6 billion), or 14%, between end-2018 and end-2019, data from the Basel Committee shows.

The standard-setter published the aggregate indicator amounts used to calculate banks’ systemic risk scores today (November 11). There are 12 indicators spread across five broad categories: size; interconnectedness; substitutability; complexity; and cross-jurisdictional activity. Each aggregate indicator

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