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FIG

Commerz turns to synthetic securitisation to plug capital hole

Commerzbank has launched a synthetic securitisation of its Mittelstand loan portfolio, aiming to sell €160m of equity risk and €30m of mezzanine risk as part of frantic efforts by the bank to fill its €2.3bn capital hole.

  • 27 Jan 2012
The capital relief market can probably expect further action from Commerzbank, including other unconventional measures such as inviting staff to be paid a much great proportion of their bonuses in stock, in order to help meet the European Banking Authority’s core tier one standards of 9% by the ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Sep 2014
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
  • Today
1 Bank of America Merrill Lynch 82,890.84 285 7.45%
2 JPMorgan 76,848.29 310 6.90%
3 Goldman Sachs 71,546.70 302 6.43%
4 Deutsche Bank 68,578.10 242 6.16%
5 Citi 65,567.40 303 5.89%

Bookrunners of Dollar Denominated Covered Bond Above $1bn

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 16 Sep 2014
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
  • 16 Sep 2014
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
  • Today
1 JPMorgan 1,015.47 1105 8.40%
2 Bank of America Merrill Lynch 792.11 1022 6.56%
3 Goldman Sachs 786.98 831 6.51%
4 Deutsche Bank 734.85 1038 6.08%
5 Citi 723.95 1033 5.99%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 16 Sep 2014
1 HSBC 10,296.50 19 12.67%
2 Deutsche Bank 6,945.83 20 8.55%
3 UBS 5,667.34 18 6.98%
4 Bank of America Merrill Lynch 4,985.45 19 6.14%
5 SG Corporate & Investment Banking 4,804.40 16 5.91%