Investors in bank bonds are likely to be hit hard by a proposal by the Basel Committee on Banking Supervision that would count the debt as bank capital to be converted to stock or written off during a crisis. Analysts say this could force banks to bow to investor demands for compensation stemming from increased risk of not being repaid.
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Latest news by market and league table performance
|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|2||Bank of America Merrill Lynch (BAML)||6,103||21||10.16|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|2||Bank of America Merrill Lynch||66,433.81||187||9.43%|
|3||Wells Fargo Securities||57,637.40||170||8.18%|