DB returns to dollars as G-SIBs attack TLAC

Deutsche Bank placed $2.15bn of new non-preferred senior notes with US investors on Wednesday, as Europe’s largest banks continued to bombard the market with multiple deals at the beginning of 2018.

  • By Tyler Davies
  • 18 Jan 2018

Deutsche Bank raised $1.5bn of three year fixed rate debt through its New York shelf. The deal was registered with the SEC and run by Deutsche Bank’s investment bank alone.

Pricing for the German lender’s non-preferred senior offering began at 115bp area over Treasuries, before being tightened ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 7,419.40 39 5.74%
2 Natixis 7,203.12 31 5.57%
3 Credit Suisse 7,022.58 35 5.43%
4 LBBW 6,855.59 38 5.30%
5 UniCredit 6,528.35 40 5.05%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 46,403.23 145 7.06%
2 Citi 42,552.14 204 6.47%
3 JPMorgan 41,920.38 169 6.38%
4 Goldman Sachs 38,906.21 263 5.92%
5 Morgan Stanley 37,252.38 182 5.67%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 37,630.60 121 11.14%
2 JPMorgan 35,683.51 121 10.56%
3 Citi 34,770.43 159 10.29%
4 Goldman Sachs 31,097.03 230 9.20%
5 Morgan Stanley 30,197.39 146 8.94%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 6,119.91 22 9.11%
2 LBBW 4,244.39 18 6.32%
3 Deutsche Bank 4,163.44 13 6.20%
4 UniCredit 3,902.49 16 5.81%
5 SG Corporate & Investment Banking 3,848.68 16 5.73%

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 4,538.06 9 13.03%
2 UBS 3,374.07 13 9.69%
3 BNP Paribas 2,596.35 10 7.46%
4 Credit Agricole CIB 2,458.47 6 7.06%
5 SG Corporate & Investment Banking 2,180.25 9 6.26%