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  • April 17 2014
FIG

New landscape for US funds and euro banks

US prime money market funds’ return to Eurozone bank debt during January could be sustained via an unlikely source — a resurgence of their appetite for French bank paper.

  • 24 Feb 2012

At the same time investors and issuers face a new financial landscape that could permanently alter their approach to short term dollar funding.

According to a report from Fitch Ratings, US funds have increased their exposure to Eurozone debt, with French banks accounting for much of the increase. Volumes ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
1 UniCredit 6,762.93 43 0.00%
2 Natixis 6,519.33 24 0.00%
3 BNP Paribas 6,411.77 22 0.00%
4 Commerzbank Group 3,908.41 19 0.00%
5 UBS 3,835.74 22 0.00%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
1 JPMorgan 38,454.61 132 8.58%
2 Bank of America Merrill Lynch 38,426.95 121 8.57%
3 Goldman Sachs 33,969.60 127 7.58%
4 Deutsche Bank 27,934.61 98 6.23%
5 Citi 25,466.21 117 5.68%

Bookrunners of Dollar Denominated Covered Bond Above $1bn

Rank Lead Manager Amount €m No of issues Share %
1 RBC Capital Markets 2,861.24 9 19.87%
2 Barclays 2,166.13 7 15.04%
3 JPMorgan 1,326.85 5 9.21%
4 Bank of America Merrill Lynch 1,113.63 4 7.73%
5 Goldman Sachs 857.51 3 5.95%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
1 Deutsche Bank 11,967.71 33 7.68%
2 Goldman Sachs 11,680.11 33 7.49%
3 BNP Paribas 11,308.56 28 7.25%
4 SG Corporate & Investment Banking 10,021.99 35 6.43%
5 Credit Agricole CIB 8,536.95 25 5.48%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
1 BNP Paribas 5,691.31 17 11.49%
2 Natixis 4,198.16 13 8.48%
3 UniCredit 3,603.51 13 7.28%
4 Barclays 3,031.55 10 6.12%
5 HSBC 2,631.99 9 5.32%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
1 JPMorgan 418.21 431 9.43%
2 Bank of America Merrill Lynch 353.19 422 7.96%
3 Goldman Sachs 306.78 341 6.92%
4 Citi 287.06 417 6.47%
5 Barclays 260.45 382 5.87%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
1 HSBC 3,914.06 9 0.00%
2 BNP Paribas 2,683.11 7 0.00%
3 Bank of America Merrill Lynch 2,623.53 8 0.00%
4 SG Corporate & Investment Banking 2,416.45 7 0.00%
5 UBS 2,049.79 9 0.00%