ABS market shrugs off returning sovereign concerns, for now

The ABS market was not as quiet as the post-Easter pipeline indicated it might be. Santander UK privately placed a chunk of RMBS from Holmes, while Deutsche Bank unveiled a new asset class.

  • 13 Apr 2012
"We’ve seen some pretty significant spread movements over the course of the past couple of weeks but I don’t think that would have persuaded people not to launch deals," said an ABS syndicate head in London. "Negative sentiment hasn’t really filtered into core ABS, at least not yet." ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 12,298.38 63 6.25%
2 UniCredit 9,672.56 77 4.92%
3 BNP Paribas 9,051.42 45 4.60%
4 Commerzbank Group 8,371.43 55 4.26%
5 LBBW 8,276.69 51 4.21%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 105,492.04 446 6.81%
2 Citi 98,673.16 573 6.37%
3 Goldman Sachs 95,750.67 536 6.18%
4 Bank of America Merrill Lynch 93,351.13 407 6.02%
5 JPMorgan 88,814.08 428 5.73%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 84,268.08 442 10.76%
2 Bank of America Merrill Lynch 75,402.72 347 9.63%
3 Morgan Stanley 74,189.20 329 9.47%
4 JPMorgan 74,072.86 330 9.46%
5 Goldman Sachs 73,768.89 452 9.42%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 5,645.35 19 6.27%
2 Credit Agricole CIB 5,608.30 21 6.23%
3 LBBW 5,605.63 20 6.23%
4 SG Corporate & Investment Banking 5,543.24 22 6.16%
5 Commerzbank Group 4,949.16 20 5.50%

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 Barclays 9,461.63 27 12.16%
2 HSBC 9,214.48 38 11.84%
3 BNP Paribas 6,278.15 28 8.07%
4 Citi 4,542.03 36 5.84%
5 Credit Suisse 4,325.15 22 5.56%