U.K. Thrift Ponders Hybrid Note

Leeds & Holbeck, a U.K. thrift based in Leeds, is considering expanding its investment product range to include a multi-asset class note.

  • 22 Jul 2005
Email a colleague
Request a PDF

Leeds & Holbeck, a U.K. thrift based in Leeds, is considering expanding its investment product range to include a multi-asset class note. Paul Riley, derivatives manager in Leeds, said several derivatives houses have been pitching hybrid notes, declining to name which firms he has spoken with. One cross-asset-class product he particularly liked was a basket of commodities, equities and house prices. "I have noticed that commodities are quite trendy right now," he said, noting he is also interested in house price-linked products, which have proved popular at other U.K. thrifts (DW, 8/6/04).

Riley said so far, Leeds & Holbeck has only structured one investment product, a FTSE cliquet deal issued last year with Credit Suisse First Boston as the counterparty. He declined comment on when the thrift might launch its next product.

  • 22 Jul 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Citi 253,106.92 930 8.89%
2 JPMorgan 230,914.50 1036 8.11%
3 Bank of America Merrill Lynch 221,389.46 762 7.78%
4 Goldman Sachs 171,499.26 554 6.03%
5 Barclays 169,046.60 646 5.94%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 HSBC 27,039.93 106 7.36%
2 Deutsche Bank 25,125.19 81 6.84%
3 Bank of America Merrill Lynch 23,128.33 61 6.29%
4 BNP Paribas 19,315.94 110 5.26%
5 Credit Agricole CIB 18,706.93 106 5.09%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 JPMorgan 13,488.13 59 8.47%
2 Citi 11,496.21 73 7.22%
3 UBS 11,302.86 45 7.09%
4 Morgan Stanley 10,864.95 59 6.82%
5 Goldman Sachs 10,434.21 54 6.55%