Rates come to the rescue for Barclays

Barclays beat expectations in fixed income, currencies and commodities trading (FICC), according to its first quarter results announced on Thursday, which it attributed to a strong performance in rates. This helped to offset reduced fees for deals and an equity trading slump, as its corporate and investment bank seeks to provide the return on capital in the face of shareholder pressure.

  • By Jasper Cox
  • 25 Apr 2019

FICC revenue was down 3% to $1.19bn when dollar denominated, and up 4% to £902m when measured in sterling. This beat both expectations and US peers who have reported over the past few weeks — who posted an average fall of 8%, according to UBS.

The proportion ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 220,923.99 993 8.24%
2 Citi 207,414.87 865 7.74%
3 Bank of America Merrill Lynch 170,992.39 718 6.38%
4 Barclays 161,566.17 657 6.03%
5 HSBC 132,739.21 719 4.95%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 27,275.91 109 7.96%
2 Credit Agricole CIB 25,297.00 103 7.39%
3 JPMorgan 21,834.93 53 6.37%
4 Bank of America Merrill Lynch 21,222.68 53 6.20%
5 SG Corporate & Investment Banking 16,639.52 78 4.86%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 7,363.27 46 9.68%
2 Morgan Stanley 7,283.40 35 9.57%
3 Goldman Sachs 6,673.27 34 8.77%
4 Citi 5,594.80 40 7.35%
5 UBS 4,691.07 23 6.17%