FIG

Eurozone banks tipped for unsecured boost from US funds

US prime money market fund exposure to unsecured eurozone bank debt could be set to build on gains made over the last three months as managers move away from lower yielding repo, analysts have said.

  • 11 Feb 2013

US funds increased their allocations to eurozone banks over the last few months, having reduced their exposures significantly during 2011 as the eurozone debt crisis intensified.

There are now signs that the increased exposure is being weighted in favour of unsecured commercial paper, rather than secured repo, according to ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 Feb 2016
1 UBS 2,861.74 12 8.54%
2 Credit Agricole CIB 2,291.12 11 6.83%
3 SG Corporate & Investment Banking 2,180.50 10 6.50%
4 UniCredit 1,908.56 11 5.69%
5 BNP Paribas 1,868.96 7 5.57%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 01 Feb 2016
1 Citi 8,537.07 19 7.63%
2 Morgan Stanley 7,998.36 16 7.15%
3 Barclays 7,036.26 18 6.29%
4 Bank of America Merrill Lynch 6,561.48 24 5.86%
5 Wells Fargo Securities 5,886.75 8 5.26%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 Feb 2016
1 Natixis 3,624.88 6 13.56%
2 Goldman Sachs 2,691.49 11 10.07%
3 Credit Agricole CIB 2,296.11 4 8.59%
4 BNP Paribas 2,100.95 3 7.86%
5 Barclays 1,492.57 9 5.58%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 Feb 2016
1 UBS 2,718.78 9 10.53%
2 SG Corporate & Investment Banking 1,991.94 8 7.72%
3 Credit Agricole CIB 1,965.27 8 7.61%
4 BNP Paribas 1,744.39 6 6.76%
5 UniCredit 1,649.41 7 6.39%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jan 2016
1 Morgan Stanley 86.45 62 10.70%
2 Guggenheim Partners LLC 54.00 5 6.68%
3 Barclays 36.13 56 4.47%
4 Citi 35.54 72 4.40%
5 JPMorgan 35.26 80 4.36%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 02 Feb 2016
1 Credit Agricole CIB 1,146.47 1 11.11%
2 HSBC 775.22 3 7.51%
3 Intesa Sanpaolo SpA 439.10 2 4.26%
3 Deutsche Bank 439.10 2 4.26%
3 Bank of America Merrill Lynch 439.10 2 4.26%