Spanish banks given €50bn real estate provisioning plan

Spain’s new economy minister has set out a €50bn real estate provisioning plan that banks must execute by the end of the year. Luis de Guindos, Spain’s minister for the economy, on Thursday night outlined the plan, which will give banks until the end of the year to increase their provisioning substantially.

  • 03 Feb 2012
For problematic loans on undeveloped sites, they will have to increase their provisions to 60%, up from the current average of 31%, and they will have to hold a further 20% in capital against these loans. For properties under development, provisions will have to rise to 50%, from ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 May 2016
1 UBS 7,793.76 40 3.19%
2 Credit Agricole CIB 7,488.77 32 3.07%
3 Landesbank Baden-Wuerttemberg - LBBW 7,240.75 39 2.96%
4 HSBC 6,619.34 35 2.71%
5 BNP Paribas 6,523.33 29 2.67%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 May 2016
1 JPMorgan 41,812.99 194 6.46%
2 Citi 41,030.70 200 6.34%
3 Goldman Sachs 40,048.79 172 6.19%
4 HSBC 38,816.87 145 6.00%
5 Bank of America Merrill Lynch 37,402.03 164 5.78%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 14,248.87 43 9.01%
2 BNP Paribas 11,299.56 37 7.15%
3 HSBC 10,347.56 42 6.55%
4 SG Corporate & Investment Banking 9,329.52 33 5.90%
5 Credit Suisse 8,937.76 23 5.65%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 6,607.09 23 4.58%
2 UBS 5,506.43 18 3.81%
3 Landesbank Baden-Wuerttemberg - LBBW 4,972.85 18 3.44%
4 BNP Paribas 4,893.74 17 3.39%
5 Deutsche Bank 3,894.43 13 2.70%

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 BNP Paribas 4,405.73 10 12.03%
2 HSBC 4,319.22 14 11.80%
3 UBS 3,360.16 13 9.18%
4 Barclays 2,454.68 7 6.70%
5 Credit Agricole CIB 1,952.09 6 5.33%