Awards for Excellence 2017
Bank of America Merrill Lynch wins the award for best bank for advisory.
The bank, which also claims the award for best investment bank, clearly has a strong and broad franchise but its advisory is arguably the jewel in its crown. The M&A practice, led by co-heads Martin Sanchez and Marcus Silberman, generated almost $60 million in fees, according to Dealogic, a 14.2% market share and not far away from double the $35 million of Credit Suisse’s M&A revenue (an 8.6% market share).
The bank advised on deals worth a combined $36.8 billion – an eye-popping 34.6% share. To generate those numbers, a bank needs to be active throughout the region, and BAML delivered an impressively geographically diverse and top-tier client list. In Mexico, the bank advised Cemex and Bimbo. In the Andean region, Corpbanca, ColSanitas and PetroPeru. In Brazil, Duke Energy, Cruzeiro do Sul and Hypermarcas and in the southern cone, Pampa Energia.
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Martin Sanchez, |
The bank also advised on some truly regional deals, such as when it was exclusive financial adviser to Enersis in a reorganization that spanned Argentina, Brazil, Chile, Colombia and Peru.