CoCo can prevent too big to fail, says FSA’s Turner

The creation of contingent capital instruments is one of the ways that regulators can reduce the possibility of large banks failing, the UK Financial Services Authority Lord Turner said in a speech on Monday.

  • 03 Nov 2009

His speech came shortly before Lloyds Banking Group announced on Wednesday that it was seeking to raise £7.5bn of contingent capital as part of an exchange offer (see separate story).

“Clearly we can and must reduce the probability of failure of large systematically important banks and our key ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 BNP Paribas 1,771.98 5 9.12%
2 HSBC 1,629.73 7 8.39%
3 Commerzbank Group 1,363.68 5 7.02%
4 UBS 1,350.40 4 6.95%
5 SG Corporate & Investment Banking 978.07 4 5.03%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 8,638.50 15 11.13%
2 Barclays 7,212.69 10 9.29%
3 Goldman Sachs 6,158.31 19 7.93%
4 Credit Suisse 5,544.13 9 7.14%
5 Credit Agricole CIB 4,837.98 10 6.23%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 Citi 7,161.15 5 19.51%
2 Barclays 5,414.82 3 14.75%
3 Credit Suisse 4,540.95 3 12.37%
4 Goldman Sachs 2,308.61 5 6.29%
5 Credit Agricole CIB 2,294.43 1 6.25%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 BNP Paribas 1,422.29 4 10.47%
2 UBS 1,350.40 4 9.94%
3 Commerzbank Group 1,126.47 3 8.29%
4 SG Corporate & Investment Banking 978.07 4 7.20%
5 BayernLB 954.49 3 7.03%

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
  • 03 Jan 2017
1 HSBC 8,187.43 25 5.18%
2 BNP Paribas 7,618.57 27 4.82%
3 UBS 7,366.70 31 4.66%
4 Barclays 5,784.35 18 3.66%
5 Citi 4,896.19 26 3.10%