MF Global tests UK administration framework

The Chapter 11 filing by broker-dealer MF Global in the US means that the UK's Special Administration Regime (SAR) will come in for its first test following the placing of the UK operations of the firm into administration. The regime was established in February and was designed in response to the chaos that followed the collapse of Lehman Brothers in 2008.

  • 01 Nov 2011
“There were concerns with the Lehmans’ administration in the UK that administrators had to seek lots of directions from court relating to client assets,” said Peter Green, partner at Morrison & Foerster. “The SAR tries to cut through that. It gives a bit more clarity in terms of ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 2,187.22 10 6.76%
2 Natixis 1,915.57 7 5.92%
3 UBS 1,854.45 10 5.73%
4 Credit Suisse 1,824.93 10 5.64%
5 Barclays 1,806.80 7 5.59%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UBS 6,938.93 9 8.25%
2 Barclays 6,735.91 12 8.01%
3 Wells Fargo Securities 6,724.12 7 8.00%
4 Deutsche Bank 6,248.02 13 7.43%
5 BNP Paribas 5,581.01 10 6.64%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Wells Fargo Securities 6,724.12 7 14.18%
2 Barclays 4,340.62 8 9.16%
3 Goldman Sachs 3,870.56 13 8.17%
4 Credit Suisse 3,777.58 10 7.97%
5 Citi 3,639.63 15 7.68%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 1,766.85 6 8.26%
2 UniCredit 1,662.07 7 7.77%
3 LBBW 1,541.66 6 7.20%
4 Deutsche Bank 1,380.66 4 6.45%
5 UBS 1,377.06 5 6.44%

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 Credit Agricole CIB 1,031.57 1 15.69%
2 UBS 356.49 2 5.42%
2 Goldman Sachs 356.49 2 5.42%
2 Bank of America Merrill Lynch 356.49 2 5.42%
5 Lloyds Banking Group 249.35 1 3.79%