FIG better protected from headline risk ahead of Draghi and payrolls

FIG spreads are much better placed to deal with the potential volatility from the central bank policy meetings and US employment data that close out this week, said bankers, now that the panic provoked by Ben Bernanke’s mention of QE-tapering has burnt the fast money off the market.

  • By Tom Porter
  • 04 Jul 2013

Bank paper proved its new-found resilience on Wednesday when it stood firm in the face of concerns over Portugal’s political and financial stability.

Portuguese banks’ senior debt was up to 130bp wider on Wednesday, with contagion knocking Italian and Spanish banks back 10bp-15bp. But the wider market was ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 11,812.99 65 5.33%
2 UniCredit 11,671.56 81 5.27%
3 LBBW 10,602.04 69 4.78%
4 UBS 10,527.02 56 4.75%
5 Natixis 10,172.53 55 4.59%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 76,452.22 326 6.16%
2 Citi 76,075.69 384 6.13%
3 Bank of America Merrill Lynch 74,603.42 292 6.01%
4 Goldman Sachs 69,416.43 576 5.60%
5 Morgan Stanley 64,371.16 356 5.19%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 62,822.27 229 10.68%
2 Bank of America Merrill Lynch 62,492.06 243 10.63%
3 Citi 59,201.18 286 10.07%
4 Goldman Sachs 52,647.10 511 8.95%
5 Morgan Stanley 49,826.68 275 8.47%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 7,428.28 28 7.08%
2 LBBW 5,910.59 25 5.63%
3 UniCredit 5,756.33 23 5.48%
4 Deutsche Bank 5,667.40 19 5.40%
5 Commerzbank Group 5,647.34 22 5.38%

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 7,584.11 21 12.84%
2 Barclays 4,776.16 18 8.08%
3 Credit Suisse 4,490.78 15 7.60%
4 BNP Paribas 4,171.68 19 7.06%
5 UBS 3,877.49 18 6.56%