Basel III capital shortfalls could be ‘closed in three years’, says UBS

The Basel III reforms will create a 4% capital shortfall across the banking sector that could be covered in close to three years, according to analysts at UBS.

  • By Tyler Davies
  • 11 Dec 2017

The team of analysts, headed by Daniele Brupbacher, said in a note on Monday that the impact of the final agreement on Basel III would be “better than expected”.

Market participants had been waiting a long time to hear the final details of the Basel III agreements, which ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 6,265.11 26 5.59%
2 Credit Suisse 6,183.04 31 5.52%
3 UniCredit 6,106.76 35 5.45%
4 HSBC 5,429.80 30 4.84%
5 LBBW 5,373.19 30 4.79%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 35,000.04 113 6.70%
2 Goldman Sachs 32,811.18 199 6.28%
3 Citi 31,553.83 161 6.04%
4 JPMorgan 31,000.32 124 5.93%
5 Morgan Stanley 26,148.86 136 5.01%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 30,558.66 92 11.87%
2 JPMorgan 26,176.55 85 10.17%
3 Goldman Sachs 25,658.32 171 9.97%
4 Citi 24,737.87 123 9.61%
5 Morgan Stanley 20,709.20 104 8.04%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 5,582.45 20 8.97%
2 Deutsche Bank 4,163.44 13 6.69%
3 UniCredit 3,902.49 16 6.27%
4 LBBW 3,521.48 15 5.66%
5 SG Corporate & Investment Banking 3,368.88 14 5.42%

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 HSBC 4,457.17 8 13.24%
2 UBS 3,374.07 13 10.02%
3 BNP Paribas 2,596.35 10 7.71%
4 Credit Agricole CIB 2,377.58 5 7.06%
5 SG Corporate & Investment Banking 2,055.39 8 6.10%