Global Capital Markets handles the origination, structuring and underwriting of primary equities, investment-grade and high-yield bonds and syndicated loans. It has three areas:
The Capital Markets & Treasury Solutions (CMTS) group covers and serves the treasury-related needs of our corporate, financial institution, sovereign and agency clients. The combined group is responsible for the delivery of the entire suite of financing, risk management and treasury product solutions (including Global Transaction Banking products) to these groups.
Equity Capital Markets (ECM) provides primary equity products including IPOs, follow-on offerings, rights issues, block trades, accelerated bookbuildings and convertible and exchangeable bonds. Deutsche Bank is the only firm to have bookrun the four largest IPOs ever: General Motors, Agricultural Bank of China, AIA Group and Industrial and Commercial Bank of China.
The Leveraged Debt Capital Markets (LDCM) franchise combines a premier high yield bond market business with diverse debt financing capabilities. Deutsche Bank is one of the few firms that can price, structure, underwrite and distribute senior, mezzanine and high yield transactions on both sides of the Atlantic.