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)||8,264||27||10.34|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|2||Bank of America Merrill Lynch||94,721.79||272||8.85%|
|4||Wells Fargo Securities||82,597.19||239||7.72%|