Maturing debt puts pressure on Iberian banks, but the outlook is not all grim, say analysts

Portuguese and Spanish banks have significant redemptions approaching, but their funding outlook is not all grim, market participants said this week.

  • 26 Nov 2010
A senior unsecured bond issue — or even a government guaranteed deal — from a Spanish borrower is out of the question at the moment, say bankers. But Portuguese banks have cut loan growth, Iberian banks are using ECB facilities less, and conditions in the funding markets can ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 9,196.65 41 5.99%
2 UniCredit 7,570.25 62 4.93%
3 Commerzbank Group 6,961.50 44 4.53%
4 BNP Paribas 6,833.59 30 4.45%
5 LBBW 6,799.87 38 4.43%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 87,141.20 354 7.38%
2 Bank of America Merrill Lynch 77,072.36 291 6.52%
3 Citi 74,500.48 457 6.31%
4 Goldman Sachs 74,364.46 394 6.29%
5 JPMorgan 70,116.95 339 5.93%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 63,366.76 350 10.44%
2 Morgan Stanley 63,226.50 254 10.42%
3 Bank of America Merrill Lynch 63,090.92 246 10.39%
4 JPMorgan 58,108.98 259 9.57%
5 Goldman Sachs 54,070.01 323 8.91%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 5,349.05 21 7.30%
2 LBBW 5,191.72 18 7.08%
3 BNP Paribas 4,566.36 14 6.23%
4 Credit Agricole CIB 4,553.92 17 6.21%
5 Commerzbank Group 4,242.73 17 5.79%

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
  • Today
1 Barclays 8,682.34 22 13.73%
2 HSBC 8,067.77 29 12.75%
3 BNP Paribas 4,343.93 23 6.87%
4 Credit Suisse 4,219.22 21 6.67%
5 Citi 4,059.10 33 6.42%