FIG

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
  • 26 Apr 2016
1 UBS 7,378.25 36 6.40%
2 Credit Agricole CIB 7,204.43 30 6.25%
3 Landesbank Baden-Wuerttemberg - LBBW 6,851.04 36 5.94%
4 BNP Paribas 6,299.92 27 5.46%
5 HSBC 6,136.84 31 5.32%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2016
1 Goldman Sachs 34,078.68 133 6.90%
2 Morgan Stanley 32,563.37 108 6.60%
3 JPMorgan 31,084.92 148 6.30%
4 Bank of America Merrill Lynch 30,615.46 114 6.20%
5 Citi 28,197.46 139 5.71%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Apr 2016
1 Goldman Sachs 13,825.59 40 10.83%
2 Landesbank Baden-Wuerttemberg - LBBW 8,809.04 124 6.90%
3 HSBC 8,423.90 30 6.60%
4 BNP Paribas 7,856.78 23 6.15%
5 Credit Suisse 7,570.21 17 5.93%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Apr 2016
1 Credit Agricole CIB 6,435.45 22 4.66%
2 UBS 5,506.43 18 3.99%
3 BNP Paribas 4,893.74 17 3.54%
4 Landesbank Baden-Wuerttemberg - LBBW 4,801.21 17 3.48%
5 Deutsche Bank 3,894.43 13 2.82%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2016
1 Morgan Stanley 356.11 470 7.87%
2 JPMorgan 308.92 582 6.82%
3 Bank of America Merrill Lynch 280.91 558 6.21%
4 Goldman Sachs 264.86 353 5.85%
5 Citi 246.40 555 5.44%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 26 Apr 2016
1 UBS 2,977.50 9 12.49%
2 BNP Paribas 2,776.38 5 11.65%
3 HSBC 1,919.16 9 8.05%
4 Credit Agricole CIB 1,643.95 3 6.90%
5 Goldman Sachs 1,534.38 8 6.44%