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Wells Fargo, SBAB hit sevens as Syria slows senior surge

Uncertainty over potential Western military intervention in Syria put the brakes on euro senior unsecured issuance earlier this week, but two of the market’s stronger credits were able to navigate the nervous market to print well received seven years.

  • By Tom Porter
  • 30 Aug 2013

Senior supply staged a post-summer comeback last week with seven banks placing over €6.5bn with investors, and the market looked to be picking up where they left off when Wells Fargo emerged with a seven year trade on Tuesday morning.

But as markets digested news of a US ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Mar 2015
1 Natixis 4,147.71 24 6.37%
2 Barclays 3,906.47 18 6.00%
3 HSBC 3,708.95 17 5.70%
4 BNP Paribas 3,514.50 15 5.40%
5 RBC Capital Markets 3,427.51 8 5.27%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Mar 2015
1 JPMorgan 25,727.41 96 7.64%
2 Citi 24,626.67 109 7.31%
3 Morgan Stanley 22,491.46 76 6.68%
4 Deutsche Bank 20,855.18 85 6.19%
5 Goldman Sachs 20,351.15 88 6.04%

Bookrunners of Dollar Denominated Covered Bond Above $1bn

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 24 Mar 2015
1 RBC Capital Markets 920.18 2 29.77%
2 UBS 590.25 1 19.10%
2 Goldman Sachs 590.25 1 19.10%
4 Westpac 329.93 1 10.68%
4 Citi 329.93 1 10.68%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Mar 2015
1 Deutsche Bank 11,989.43 34 5.89%
2 Goldman Sachs 8,885.23 22 4.37%
3 Credit Agricole CIB 7,578.80 13 3.72%
4 SG Corporate & Investment Banking 6,880.09 17 3.38%
5 BNP Paribas 5,800.38 15 2.85%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Mar 2015
1 Natixis 3,126.75 15 8.73%
2 BNP Paribas 3,068.59 11 8.57%
3 HSBC 2,958.98 12 8.27%
4 Credit Agricole CIB 2,119.29 9 5.92%
5 Commerzbank Group 1,983.50 8 5.54%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Mar 2015
1 Goldman Sachs 221.92 208 7.45%
2 Morgan Stanley 214.00 306 7.18%
3 JPMorgan 212.32 259 7.13%
4 Citi 185.33 290 6.22%
5 Barclays 142.06 245 4.77%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 24 Mar 2015
1 Credit Agricole CIB 4,374.93 2 17.34%
2 UBS 3,578.91 2 14.18%
3 Deutsche Bank 2,831.09 8 11.22%
4 BNP Paribas 2,120.77 5 8.41%
5 SG Corporate & Investment Banking 1,773.51 4 7.03%