Links, A&O lead bank-side DCM rankings as year-on-year proceeds grow 11%
Linklaters and Allen & Overy (A&O) have dominated Thomson Reuters' global legal rankings for bank roles on debt capital markets transactions in 2012, as the value of debt deals grew by 11.3% over the period. The data, cut off at 21 January, shows Linklaters toppling A&O from the global top spot after advising managers on 524 straight debt deals globally in the 2012 calendar year, generating proceeds of $394bn (£248bn).
Bond market remains resilient with low interest rates and high borrowing driving work levels for elite firms
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