SG and Intesa ride on FRN momentum

Société Générale and Intesa Sanpaolo seized upon the revival of interest in floating rate notes on Wednesday, plumping for two and three year deals respectively.

  • 09 Dec 2009

SG, which priced its Eu1.5bn deal today, followed French issuers such as BPCE and Banque Fédérative du Crédit Mutuel (BFCM) who have issued short-dated FRNs in the past three weeks, tapping into strong domestic support.

The SG deal was expected to benefit from this momentum and had the ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 Commerzbank Group 3,864.49 23 6.68%
2 HSBC 3,662.21 15 6.33%
3 SG Corporate & Investment Banking 3,300.60 13 5.70%
4 LBBW 3,189.28 14 5.51%
5 Credit Agricole CIB 3,100.02 15 5.36%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Mar 2017
1 Morgan Stanley 29,052.08 101 7.24%
2 Goldman Sachs 27,997.52 114 6.98%
3 Bank of America Merrill Lynch 26,257.54 82 6.54%
4 JPMorgan 23,062.78 103 5.75%
5 Citi 20,877.50 122 5.20%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 Goldman Sachs 22,807.51 94
2 Morgan Stanley 21,009.07 69
3 JPMorgan 19,370.83 76
4 Bank of America Merrill Lynch 19,244.14 67
5 Citi 18,801.67 99

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 SG Corporate & Investment Banking 3,168.16 12 9.93%
2 LBBW 2,629.03 9 8.24%
3 Commerzbank Group 2,493.64 9 7.82%
4 Credit Agricole CIB 2,163.80 9 6.78%
5 HSBC 1,941.46 7 6.09%

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
  • 07 Mar 2017
1 Credit Suisse 2,433.39 7 13.20%
2 Barclays 1,997.28 4 10.83%
3 Bank of America Merrill Lynch 1,499.19 8 8.13%
4 JPMorgan 1,236.52 7 6.71%
5 HSBC 1,216.99 8 6.60%