Fed poses new threat to short end demand

Another threat to US money market funds’ demand for commercial paper has emerged from the Federal Reserve Board, days after money funds warned about the damage proposed SEC regulation could do to the industry.

  • 03 Feb 2012

Plans for enhanced prudential standards under the Dodd-Frank Act, which place limits on counterparty credit exposure, could mean that bank sponsors of money funds have to aggregate the credit exposures of the fund with that of the parent entity, legal firm Dechert has warned.

Originally, funds were not to ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jul 2016
1 UBS 9,075.57 52 6.06%
2 HSBC 8,695.73 48 5.81%
3 Credit Agricole CIB 8,119.63 36 5.43%
4 Landesbank Baden-Wuerttemberg - LBBW 7,785.63 44 5.20%
5 BNP Paribas 7,513.16 35 5.02%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 57,241.61 243 6.71%
2 Citi 51,142.49 279 6.00%
3 Goldman Sachs 50,623.07 232 5.94%
4 Morgan Stanley 47,985.75 206 5.63%
5 HSBC 46,813.97 197 5.49%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jul 2016
1 Citi 116,547.48 555 11.18%
2 JPMorgan 115,993.75 459 11.13%
3 Bank of America Merrill Lynch 103,425.02 462 9.92%
4 Goldman Sachs 82,924.68 450 7.96%
5 Morgan Stanley 81,589.64 391 7.83%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jul 2016
1 Credit Agricole CIB 7,016.13 25 8.65%
2 UBS 5,981.15 20 7.38%
3 BNP Paribas 5,603.49 21 6.91%
4 Landesbank Baden-Wuerttemberg - LBBW 5,306.88 20 6.55%
5 Commerzbank Group 4,528.16 19 5.59%

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
  • 19 Jul 2016
1 HSBC 5,625.84 17 12.58%
2 BNP Paribas 5,033.74 15 11.26%
3 UBS 3,892.79 17 8.71%
4 Barclays 2,454.68 7 5.49%
5 Goldman Sachs 2,453.63 14 5.49%