ECB must step up, say investors as Moody’s frets over banks

Financial institution bond investors on Thursday added their voices to calls for the European Central Bank to start buying sovereign bonds to stop contagion from Greece’s fiscal crisis.

  • 06 May 2010

And that crisis took another twist as Moody’s placed Portugal and all ten rated Portuguese banks on review for possible downgrade on Wednesday.

The sovereign’s CDS was up at 422bp by midday on Thursday, from 350bp at Wednesday’s close.

This comes in the third week without new issues ...

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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%