April was a busy month for dealmaking, giving a welcome boost to investment banking fees. But despite increased activity, industry league tables remained largely the same, with jp morgan holding on to top spot and coldman sachs not far behind. In fact, the top 10 remained completely unchanged apart from citigroup and deutsche bank swapping places, with the former edging out its European rival for fifth place. The month saw 4,146 new issues, well above the first-quarter average of 2,764. Fees also grew by US$9bn, the best month of the year to-date by far. Deal highlights included Altice and Numericable's largest ever high-yield bond deal, which drew in USS100bn for the €12bn trade.
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