Regulatory silence deafens amid callable capital dispute

The debate over whether Deutsche Bank should have called its lower tier two bond at the first opportunity is refusing to die down with more fuel added to the fire this week when HBOS announced that it would call an upcoming deal of its own. Investors are still in inflammatory mood but tempers could be cooled if only bank regulators would stand up and publicly support issuers.

  • 13 Jan 2009

Weeks after Deutsche Bank rocked lower tier two investors by declining to call one of its issues, some investors are still refusing to have anything to do with Deutsche Bank, as a counterparty in the new issue market or even, some claim, as an issuer.

While investors need to ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 352,540.12 1323 9.09%
2 Bank of America Merrill Lynch 315,574.44 1093 8.13%
3 JPMorgan 314,826.88 1433 8.11%
4 Goldman Sachs 234,193.07 776 6.04%
5 Barclays 226,473.92 879 5.84%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 33,723.41 160 6.58%
2 Deutsche Bank 33,605.53 115 6.55%
3 Bank of America Merrill Lynch 30,523.81 93 5.95%
4 BNP Paribas 26,890.30 166 5.24%
5 SG Corporate & Investment Banking 23,393.38 135 4.56%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Oct 2017
1 JPMorgan 19,536.02 78 8.92%
2 Morgan Stanley 16,323.54 83 7.45%
3 Citi 15,667.80 92 7.15%
4 UBS 15,208.47 58 6.94%
5 Goldman Sachs 13,487.36 72 6.16%