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  • MPS asks for new recap deadline, could relaunch LME

    Banca Monte dei Paschi di Siena has asked the European Central Bank to extend its rescue plan deadline into next year, in a move that could complicate the commitments the Italian lender received in its debt-for-equity swap.

    • 08 Dec 2016

  • Yen looks open for holdco as Lloyds completes UK trio

    Lloyds has become the third UK bank to soak up strong demand for holding company level senior debt in the Samurai market this year, though the lack of clarity around risk-weightings continues to limit bank treasury involvement.

    • 08 Dec 2016
  • Deutsche's Spanish sub keeps covered commitments

    Deutsche Bank’s Spanish subsidiary kept its commitment to issue around €2bn Cédulas per annum and on Wednesday issued a well-oversubscribed €1bn five year, even though the cost was much higher than the European Central Bank’s Term Long Term Refinancing Operation.

    • 07 Dec 2016
  • BNP Paribas opens books for AT1

    BNP Paribas has taken advantage of strong market conditions to open books for a dollar additional tier one.

    • 07 Dec 2016
  • MPS recap takes centre stage as BNPP and DB bag last minute funding

    The focus was firmly on Italy this week. Despite the government’s failure to secure support for constitutional reform and the resignation of prime minister Matteo Renzi, financial bonds rallied across the board as shorts were covered and new risk was added.

    • 07 Dec 2016
  • Banca Carige eyes NPL securitization after ECB review

    Banca Carige is planning to complete a securitization of at least €900m non-performing loans using the Italian government guarantee scheme in the first quarter of 2017.

    • 06 Dec 2016
  • Timing will be everything in covered bonds next year

    Global political upheaval and rising dollar interest rates are likely to make 2017 a year of short issuance windows in covered bonds. Global Capital gauged the views of a number of funding heads and senior bankers on their approach to the market for the year ahead.

    • 06 Dec 2016
  • Skies darken over Italian banks despite post-referendum calm

    The 'no' vote in Italy’s referendum on constitutional reform was met on Monday morning with a muted reaction in credit and equity markets but, with profound uncertainty overhanging the political situation and Banca Monte dei Paschi di Siena’s rescue plan, analysts are not optimistic about the performance of the Italian financial sector in the short term.

    • 05 Dec 2016
  • RBS eyes end to ‘complex and costly’ litigation after stress test miss

    Royal Bank of Scotland was looking to settle a series of litigation claims for up to £800m this week, shortly after being heavily penalised by potential misconduct fines in the Bank of England’s 2016 stress tests.

    • 05 Dec 2016
Capital markets data from GlobalCapital


Go to GlobalCapital's FIG data pages for the most up to date information on the global financial institution bond markets. Find our FIG bond comments, FIG league tables by Dealogic and our priced deals database.

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The GlobalCapital View logo   Comment

  • Covered bond regulation depends on whose side you are on

    The European Central Bank, European Commission and the European Banking Authority are pulling in different directions when it comes to covered bonds with extendible maturity structures. Time for a bit of harmonisation.

    • 29 Nov 2016

more comment

FIG Priced Deals Database

IssuerMaturitySize
UBS30-Nov-241250
Arion Bank01-Dec-21300
BNP Paribas01-Jun-22500
ABN Amro30-Nov-18300
ING16-Apr-221000


Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 05 Dec 2016
1 JPMorgan 92,977.13 409 6.84%
2 Citi 84,983.27 488 6.25%
3 Morgan Stanley 79,079.95 348 5.81%
4 Goldman Sachs 77,314.51 403 5.68%
5 Bank of America Merrill Lynch 74,413.02 367 5.47%

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 UBS 12,062.01 77 5.87%
2 HSBC 11,342.38 64 5.52%
3 BNP Paribas 10,550.01 50 5.14%
4 Credit Agricole CIB 9,998.56 48 4.87%
5 Commerzbank Group 9,685.30 59 4.72%

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 UBS 12,062.01 77 5.87%
2 HSBC 11,342.38 64 5.52%
3 BNP Paribas 10,550.01 50 5.14%
4 Credit Agricole CIB 9,998.56 48 4.87%
5 Commerzbank Group 9,685.30 59 4.72%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 05 Dec 2016
1 JPMorgan 92,977.13 409 6.84%
2 Citi 84,983.27 488 6.25%
3 Morgan Stanley 79,079.95 348 5.81%
4 Goldman Sachs 77,314.51 403 5.68%
5 Bank of America Merrill Lynch 74,413.02 367 5.47%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 JPMorgan 73,418.06 292 10.66%
2 Citi 69,010.11 380 10.02%
3 Bank of America Merrill Lynch 62,837.42 312 9.12%
4 Wells Fargo Securities 56,482.87 249 8.20%
5 Morgan Stanley 56,285.40 264 8.17%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 Credit Agricole CIB 8,361.81 30 8.01%
2 BNP Paribas 7,357.30 28 7.04%
3 UBS 6,976.66 25 6.68%
4 UniCredit 6,176.37 25 5.91%
5 LBBW 5,995.79 23 5.74%

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
  • 06 Dec 2016
1 HSBC 8,089.13 23 10.89%
2 UBS 6,893.97 28 9.28%
3 BNP Paribas 6,822.83 24 9.19%
4 Barclays 5,779.90 18 7.78%
5 Citi 4,814.05 25 6.48%