Hourican proud of GBM despite fourth quarter loss

There was a time when the market volatility of late 2011 might have been a red rag to the RBS bull. But not anymore. According to John Hourican, CEO of the firm’s global banking and markets (GBM) division, running the risk of blow-ups is not an option.

  • 24 Feb 2012
"We were very cautious with the use of our balance sheet in the intensely volatile market conditions we saw in the third quarter in particular," Hourican told EuroWeek after the bank announced its annual results on Thursday. "My message to our traders was ‘protect our capital’ and that ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Feb 2017
1 HSBC 3,457.35 14 6.94%
2 Commerzbank Group 3,383.90 18 6.79%
3 SG Corporate & Investment Banking 3,124.37 12 6.27%
4 LBBW 2,926.97 13 5.88%
5 Credit Agricole CIB 2,712.14 12 5.44%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Feb 2017
1 Morgan Stanley 22,902.35 47 9.79%
2 Goldman Sachs 19,979.12 63 8.54%
3 Bank of America Merrill Lynch 19,349.44 40 8.27%
4 JPMorgan 14,028.73 51 6.00%
5 Citi 13,340.58 58 5.70%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Feb 2017
1 Morgan Stanley 19,148.59 31 13.10%
2 Goldman Sachs 17,229.26 50 11.79%
3 Bank of America Merrill Lynch 12,479.68 27 8.54%
4 JPMorgan 11,287.70 33 7.72%
5 Citi 11,280.58 39 7.72%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 SG Corporate & Investment Banking 2,728.11 10 5.02%
2 LBBW 2,154.63 7 3.97%
3 Commerzbank Group 2,105.32 7 3.88%
4 Credit Agricole CIB 1,987.58 8 3.66%
5 HSBC 1,572.51 5 2.90%

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
  • 21 Feb 2017
1 Credit Suisse 2,309.08 6 7.45%
2 Bank of America Merrill Lynch 1,499.19 8 4.84%
3 JPMorgan 1,236.52 7 3.99%
4 HSBC 1,133.72 7 3.66%
5 Credit Agricole CIB 1,034.32 6 3.34%