dcsimg
FIG

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 ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Oct 2014
1 Natixis 12,005.07 45 7.02%
2 BNP Paribas 11,290.05 40 6.61%
3 UniCredit 11,064.68 80 6.47%
4 HSBC 8,878.71 41 5.20%
5 Commerzbank Group 8,849.25 40 5.18%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Oct 2014
1 Bank of America Merrill Lynch 84,783.98 301 7.17%
2 JPMorgan 81,414.93 331 6.89%
3 Goldman Sachs 73,212.50 313 6.19%
4 Deutsche Bank 71,985.84 268 6.09%
5 Citi 69,922.50 328 5.91%

Bookrunners of Dollar Denominated Covered Bond Above $1bn

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 15 Oct 2014
1 JPMorgan 446,455.77 2518 0.00%
2 Citi 374,881.01 2094 0.00%
3 Bank of America Merrill Lynch 374,541.95 2409 0.00%
4 Barclays 342,345.25 1758 0.00%
5 Deutsche Bank 308,086.36 1652 0.00%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Oct 2014
1 Deutsche Bank 29,444.29 79 9.00%
2 BNP Paribas 20,500.26 60 6.27%
3 Goldman Sachs 20,145.91 66 6.16%
4 Barclays 19,217.29 71 5.87%
5 Bank of America Merrill Lynch 17,770.40 46 5.43%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Oct 2014
1 BNP Paribas 8,089.51 26 8.54%
2 Natixis 7,730.73 25 8.16%
3 UniCredit 6,347.32 23 6.70%
4 Commerzbank Group 6,095.49 20 6.43%
5 Barclays 5,463.02 17 5.76%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Oct 2014
1 JPMorgan 1,120.05 1211 8.44%
2 Bank of America Merrill Lynch 870.41 1114 6.56%
3 Goldman Sachs 870.07 892 6.55%
4 Deutsche Bank 834.46 1131 6.29%
5 Citi 782.21 1129 5.89%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 16 Oct 2014
1 HSBC 10,466.40 20 12.00%
2 Deutsche Bank 7,370.24 22 8.45%
3 UBS 6,381.44 21 7.31%
4 BNP Paribas 5,705.15 19 6.54%
5 Bank of America Merrill Lynch 5,371.83 21 6.16%