Monte Paschi board reviews €2.5bn restructuring plan

The board of Monte dei Paschi di Siena, Italy's third largest bank, reviewed the lender's restructuring plan on Tuesday, ahead of expected European Union approval later this month.

  • By Andrew Griffin
  • 12 Sep 2013

The bank, the world's oldest, is set to raise €2.5bn of equity — almost equal to the bank’s market capitalisation, which was at €2.4bn on Wednesday.

The bank's board hopes to approve the plan on September 24. It will then be submitted to the Italian Ministry of Economy and Finance ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 10,985.14 63 5.35%
2 LBBW 10,256.88 67 4.99%
3 UniCredit 10,159.00 75 4.95%
4 Natixis 9,893.81 52 4.82%
5 Commerzbank Group 9,551.18 59 4.65%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 74,770.87 312 6.39%
2 Bank of America Merrill Lynch 72,338.42 269 6.18%
3 Citi 70,910.44 355 6.06%
4 Goldman Sachs 66,011.45 527 5.64%
5 HSBC 61,852.74 281 5.28%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 61,481.52 218 10.98%
2 Bank of America Merrill Lynch 60,418.81 221 10.79%
3 Citi 55,960.76 265 10.00%
4 Goldman Sachs 49,875.99 465 8.91%
5 Morgan Stanley 47,360.46 261 8.46%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 7,282.04 27 7.38%
2 Commerzbank Group 5,647.34 22 5.73%
3 LBBW 5,565.43 23 5.64%
4 SG Corporate & Investment Banking 5,470.19 24 5.55%
5 UniCredit 5,468.87 22 5.55%

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 7,022.22 19 12.67%
2 Barclays 4,473.11 17 8.07%
3 Credit Suisse 4,278.10 14 7.72%
4 BNP Paribas 3,870.91 17 6.98%
5 UBS 3,864.55 18 6.97%