Almunia gives nod to state aid

The European Commission on Tuesday gave its clearest signal yet that it will be tolerant of banks that resort to government funds to reach the European Banking Authority’s 9% core capital ratio, which is required by the end of June.

  • 27 Jan 2012

European competition commissioner Joaquín Almunia said that European authorities would take the bigger picture into account when drawing up restructuring plans with banks that turn to their governments for help.

Since January 2011, European state aid rules have required banks that take government capital to submit a restructuring ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 9,704.99 54 5.47%
2 UniCredit 9,192.82 61 5.18%
3 LBBW 8,744.00 54 4.93%
4 Natixis 8,477.22 42 4.78%
5 Credit Suisse 8,000.81 42 4.51%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 64,642.45 228 6.57%
2 JPMorgan 63,002.07 249 6.40%
3 Citi 60,945.09 285 6.19%
4 Goldman Sachs 57,724.23 470 5.87%
5 Morgan Stanley 51,416.23 277 5.23%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 54,011.37 190 11.14%
2 JPMorgan 53,201.53 180 10.97%
3 Citi 49,399.51 226 10.18%
4 Goldman Sachs 43,092.78 416 8.88%
5 Morgan Stanley 39,794.53 217 8.20%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 6,511.67 24 7.36%
2 UniCredit 5,302.66 21 5.99%
3 Deutsche Bank 5,002.94 16 5.66%
4 LBBW 4,987.08 21 5.64%
5 Commerzbank Group 4,984.41 19 5.63%

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 4,729.28 11 10.98%
2 Barclays 3,919.93 12 9.10%
3 UBS 3,374.07 13 7.83%
4 BNP Paribas 3,351.70 12 7.78%
5 Credit Agricole CIB 2,490.29 7 5.78%