ABLV resolution is not in the public interest, says SRB

The Single Resolution Board has decided that Latvia’s ABLV Bank should be wound up under national insolvency proceedings, suggesting that small and medium sized banks remain outside the scope of resolution action.

  • By Tyler Davies
  • 26 Feb 2018

The SRB said on Saturday that putting ABLV Bank and its Luxembourg subsidiary into resolution would neither be necessary nor in the “public interest”.

This followed the European Central Bank’s assessment that the two firms were “failing or likely to fail” because of the “significant deterioration” in ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 8,539.81 48 5.71%
2 LBBW 7,986.15 46 5.34%
3 Natixis 7,841.57 37 5.24%
4 UniCredit 7,668.29 46 5.12%
5 Credit Suisse 7,360.16 38 4.92%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 51,037.05 182 6.67%
2 JPMorgan 50,548.66 200 6.61%
3 Citi 46,505.24 237 6.08%
4 Goldman Sachs 42,702.47 323 5.58%
5 Morgan Stanley 41,716.34 218 5.45%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 42,187.21 143 11.07%
2 Bank of America Merrill Lynch 41,685.25 152 10.94%
3 Citi 38,330.74 188 10.06%
4 Goldman Sachs 34,708.41 289 9.11%
5 Morgan Stanley 32,672.22 174 8.57%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 6,263.92 23 8.12%
2 LBBW 4,811.97 20 6.24%
3 UniCredit 4,780.36 19 6.20%
4 SG Corporate & Investment Banking 4,208.56 18 5.46%
5 Deutsche Bank 4,163.44 13 5.40%

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 12.66%
2 UBS 3,374.07 13 9.42%
3 BNP Paribas 2,596.35 10 7.25%
4 Credit Agricole CIB 2,458.47 6 6.86%
5 SG Corporate & Investment Banking 2,180.25 9 6.08%