UK banks unlikely to react to FLS revamp

The Bank of England will offer UK banks 10 times the value of their net lending to small and medium-sized enterprises in cheap cash through the Funding for Lending Scheme this year, but bankers can’t see the UK banks jumping for joy.

  • 24 Apr 2013

The BoE announced on Wednesday the FLS would be extended by one year to the end of 2015, and incentives to increase net lending would be heavily skewed in favour of SMEs.

Banks will be able to draw down £5 for every £1 of net SME lending in 2014, ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Jun 2017
1 HSBC 18,859.47 96 5.78%
2 UBS 17,096.63 103 5.24%
3 BNP Paribas 16,125.84 71 4.94%
4 Commerzbank Group 15,763.40 95 4.83%
5 LBBW 15,321.72 85 4.69%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jun 2017
1 Morgan Stanley 58,230.82 220 7.33%
2 Goldman Sachs 55,991.98 263 7.05%
3 Bank of America Merrill Lynch 50,362.34 188 6.34%
4 JPMorgan 49,807.13 231 6.27%
5 Citi 48,627.79 289 6.12%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 43,195.68 237 4.98%
2 Goldman Sachs 42,898.99 218 4.94%
3 Morgan Stanley 42,703.73 163 4.92%
4 JPMorgan 42,140.63 182 4.85%
5 Bank of America Merrill Lynch 39,858.64 163 4.59%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 4,741.46 19 7.08%
2 BNP Paribas 4,566.36 14 6.82%
3 LBBW 4,563.62 16 6.82%
4 Credit Agricole CIB 4,139.24 16 6.18%
5 Commerzbank Group 4,066.97 16 6.07%

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
  • Today
1 HSBC 6,172.32 23
2 Barclays 5,139.18 16
3 Credit Suisse 3,658.73 16
4 BNP Paribas 3,205.75 15
5 Citi 3,042.28 24