FIG

Spain ‘bad bank’ in question as analysts doubt firepower

Spain’s ability to step in if its banks need help came under analyst scrutiny this week, as worsening economic conditions intensified the market focus on the country’s lenders.

  • 04 May 2012
Among a volley of bad news at the end of April — Spain’s unemployment hit 24.4%, GDP declined for the second consecutive quarter, and Standard & Poor’s downgraded 11 of the country’s banks — talk redoubled on the potential creation of a bad bank to take problem assets ...

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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%