ING’s aid package on the ropes — bad news for bondholders

The European Commission is expected to announce later on Tuesday that it has yet to approve the Eu10bn Dutch state aid package given to ING for which it was granted temporary access to in April this year.

  • 15 Sep 2009

Instead, the EC will say that it is extending the temporary approval it has given to the Illiquid Assets Back-up Facility that is part of the state aid package, citing the complexity of the portfolio of assets it has to consider.

When the EC gave its temporary approval, ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 2,834.20 10 8.57%
2 SG Corporate & Investment Banking 2,188.22 8 6.62%
3 Commerzbank Group 1,973.37 9 5.97%
4 BNP Paribas 1,904.07 6 5.76%
5 LBBW 1,880.25 7 5.69%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Jan 2017
1 Morgan Stanley 14,170.16 27 10.64%
2 Bank of America Merrill Lynch 11,925.37 24 8.95%
3 Citi 9,905.55 26 7.44%
4 Barclays 8,491.43 14 6.38%
5 Goldman Sachs 7,806.19 24 5.86%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 12,892.79 18 13.58%
2 Bank of America Merrill Lynch 10,724.83 17 11.29%
3 Goldman Sachs 10,674.85 18 11.24%
4 Citi 8,455.71 16 8.90%
5 Barclays 7,531.36 10 7.93%

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 2,188.22 8 10.57%
2 LBBW 1,773.99 6 8.57%
3 Commerzbank Group 1,524.22 5 7.37%
4 BNP Paribas 1,422.29 4 6.87%
5 Credit Agricole CIB 1,391.30 6 6.72%

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 Citi 820.96 5 10.28%
2 Bank of America Merrill Lynch 811.76 5 10.17%
3 Credit Agricole CIB 655.19 4 8.20%
4 BNP Paribas 602.64 3 7.55%
5 JPMorgan 545.06 4 6.83%