Latest Bank/Insurance Capital news

  • Santander’s Germany business spots window for debut

    Santander Consumer Bank, which operates in Germany, is preparing to issue its first senior unsecured notes in the public euro market, joining a very busy pipeline for new financial institutions bond deals.

    • 25 Sep 2017
  • CBA markets tier two in busy new issue market

    Commonwealth Bank of Australia (CBA) weighed into the tier two market on Monday, with market participants expecting new issuance volumes to remain very high going into October.

    • 25 Sep 2017
  • EU's TLAC proposal faces Dutch and German opposition

    In a joint paper obtained by GlobalCapital, Germany and the Netherlands said they were pushing against a draft legal text implementing the total loss absorbing capacity (TLAC) standard into EU law.

    • 25 Sep 2017
  • NIBC seven times oversubscribed for ‘capital optimisation’ AT1 trade

    NIBC Bank was able to time its entrance to a strong market on Friday, filling its additional tier one (AT1) bucket with a perpetual non-call seven year deal.

    • 22 Sep 2017
  • Postal Savings smashes records with $7.25bn AT1

    Postal Savings Bank of China Co’s $7.25bn Basel III additional tier one bond from Thursday was one for the books, breaking numerous records with its size and price, while navigating around a downgrade of the sovereign.

    • 22 Sep 2017
  • Aktia features in a ‘smorgasbord of choice’ in FIG mart

    Financial bond market participants are set to end the week with nearly as many new issue mandates as priced deals, as appealing market conditions in September have prompted banks to test investor appetite in a variety of bond formats. Aktia, a small Finnish bank, was the latest to throw its hat into the ring.

    • 21 Sep 2017
  • Postal Savings Bank aims for record AT1

    Postal Savings Bank of China Co launched its highly anticipated additional tier one dollar bond on Thursday, seeking a whopping $7bn from what could be the world’s largest AT1.

    • 21 Sep 2017
  • Another rare item up for sale as Investec mandates for AT1

    Investec is the latest small issuer to mandate for an additional tier one (AT1) bond, having announced a roadshow ahead of a minimum £200m deal.

    • 20 Sep 2017
  • Low trigger AT1s popular after Popular

    Investors have largely discredited the idea that the distance between an additional tier one (AT1) trigger point and a bank’s reported capital position is a clear indication of risk, but banks continue to profit from a distinction between high and low triggers.

    • 20 Sep 2017
  • ING pays no premium for tier two double dipping

    ING raised €1bn of new 12 year non-call seven tier two bonds without paying any new issue premium on Tuesday, despite offering investors the chance to invest in a nearly identical deal earlier in the year.

    • 19 Sep 2017

Bank/Insurance Capital news archive



more bond comments

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.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 9,615.99 43 6.16%
2 UniCredit 7,570.25 62 4.85%
3 LBBW 7,095.33 39 4.54%
4 Commerzbank Group 6,961.50 44 4.46%
5 BNP Paribas 6,833.59 30 4.38%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 87,751.12 359 7.39%
2 Bank of America Merrill Lynch 77,372.46 295 6.51%
3 Goldman Sachs 74,944.59 398 6.31%
4 Citi 74,754.56 460 6.29%
5 JPMorgan 70,466.76 340 5.93%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 63,836.41 259 10.46%
2 Citi 63,521.73 352 10.41%
3 Bank of America Merrill Lynch 63,391.02 250 10.39%
4 JPMorgan 58,458.79 260 9.58%
5 Goldman Sachs 54,650.14 327 8.96%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 LBBW 5,487.17 19 7.34%
2 SG Corporate & Investment Banking 5,349.05 21 7.15%
3 BNP Paribas 4,566.36 14 6.10%
4 Credit Agricole CIB 4,553.92 17 6.09%
5 Commerzbank Group 4,242.73 17 5.67%

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 Barclays 8,682.34 22 13.71%
2 HSBC 8,105.27 30 12.80%
3 BNP Paribas 4,343.93 23 6.86%
4 Credit Suisse 4,219.22 21 6.66%
5 Citi 4,059.10 33 6.41%