Caixa twice subscribed in smooth tier two return

CaixaBank comfortably raised €1bn of new tier two capital on Tuesday, despite signs that executing trades could start to grow trickier in February.

  • By Tyler Davies
  • 07 Feb 2017

After a buoyant start to 2017, investors have started to feel more cautious about the outcome of the French presidential elections in three months’ time, and are once again focused on the fragility of the Italian banking system.

On Monday FIG spreads widened through the capital structure, ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Feb 2017
1 HSBC 3,457.35 14 6.94%
2 Commerzbank Group 3,383.90 18 6.79%
3 SG Corporate & Investment Banking 3,124.37 12 6.27%
4 LBBW 2,926.97 13 5.88%
5 Credit Agricole CIB 2,712.14 12 5.44%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 23,952.72 55 9.10%
2 Goldman Sachs 21,593.65 74 8.21%
3 Bank of America Merrill Lynch 20,302.83 44 7.72%
4 JPMorgan 15,324.04 56 5.82%
5 Citi 14,173.41 67 5.39%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Feb 2017
1 Morgan Stanley 19,148.59 31 13.10%
2 Goldman Sachs 17,229.26 50 11.79%
3 Bank of America Merrill Lynch 12,479.68 27 8.54%
4 JPMorgan 11,287.70 33 7.72%
5 Citi 11,280.58 39 7.72%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 SG Corporate & Investment Banking 2,728.11 10 5.02%
2 LBBW 2,154.63 7 3.97%
3 Commerzbank Group 2,105.32 7 3.88%
4 Credit Agricole CIB 1,987.58 8 3.66%
5 HSBC 1,572.51 5 2.90%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 21 Feb 2017
1 Credit Suisse 2,309.08 6 7.45%
2 Bank of America Merrill Lynch 1,499.19 8 4.84%
3 JPMorgan 1,236.52 7 3.99%
4 HSBC 1,133.72 7 3.66%
5 Credit Agricole CIB 1,034.32 6 3.34%