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FIG

Nordea demand opens door to tier two renaissance

More dated sub debt deals are on their way, said bankers, after the success of Nordea’s lower tier two issue this week. Some 350 accounts placed more than €4bn of orders for the Swedish bank’s lower tier two bond issue, the first in euros since May 2011.

  • 03 Feb 2012
While the whopping demand was partly due to Nordea’s strong standing in the context of European FIG borrowers, it was also a reflection of the scarce tier two supply over the past year. Raiffeisen Bank International was the last bank to sell a tier two bond in euros, ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 10,937.59 42 7.19%
2 UniCredit 10,234.82 74 6.72%
3 BNP Paribas 10,200.44 37 6.70%
4 HSBC 8,018.72 37 5.27%
5 UBS 7,929.21 45 5.21%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Sep 2014
1 Bank of America Merrill Lynch 79,385.83 274 0.00%
2 JPMorgan 72,351.89 280 0.00%
3 Goldman Sachs 69,768.06 293 0.00%
4 Deutsche Bank 67,108.95 234 0.00%
5 Morgan Stanley 64,340.47 319 0.00%

Bookrunners of Dollar Denominated Covered Bond Above $1bn

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 711.71 3 0.00%
2 HSBC 673.33 3 0.00%
2 Bank of America Merrill Lynch 673.33 3 0.00%
4 Barclays 456.91 2 0.00%
5 RBC Capital Markets 418.81 2 0.00%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 28,063.84 71 9.27%
2 Goldman Sachs 19,232.08 60 6.35%
3 BNP Paribas 19,017.44 52 6.28%
4 Barclays 17,595.94 67 5.81%
5 SG Corporate & Investment Banking 16,732.55 61 5.53%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 Sep 2014
1 BNP Paribas 7,436.38 24 9.34%
2 Natixis 6,420.33 21 8.06%
3 UniCredit 5,079.28 19 6.38%
4 Barclays 4,897.53 15 6.15%
5 SG Corporate & Investment Banking 4,493.14 17 5.64%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 01 Sep 2014
1 JPMorgan 1,868.78 1008 0.00%
2 Goldman Sachs 1,472.57 761 0.00%
3 Bank of America Merrill Lynch 1,425.33 934 0.00%
4 Deutsche Bank 1,339.61 929 0.00%
5 Citi 1,303.04 928 0.00%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 09 Sep 2014
1 Deutsche Bank 6,945.83 20 0.00%
2 UBS 5,667.34 18 0.00%
3 HSBC 5,514.71 16 0.00%
4 Bank of America Merrill Lynch 4,985.45 19 0.00%
5 BNP Paribas 3,945.87 14 0.00%