BNPP ups Greek writedown to 60%, sells others at a loss

BNP Paribas has slashed its peripheral European sovereign exposures over the last four months — but at a big cost. Reporting third quarter results on Thursday, the French bank said that it had cut peripheral exposures by €10.6bn excluding a new provision of €2.2bn relating to Greek debt. But its sell-offs lost it €812m.

  • 04 Nov 2011
The bank announced the further writedown of its Greek sovereign bond exposures to bring it into line with the proposals put forward in the European Union’s Grand Plan agreed in Brussels last week. Revealing the new haircut, the bank said it had now written down its Greek holdings ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 10,283.03 88 6.01%
2 HSBC 9,924.14 51 5.80%
3 LBBW 8,393.04 48 4.91%
4 Natixis 7,239.94 37 4.23%
5 UBS 7,025.55 38 4.11%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 55,206.99 242 6.09%
2 JPMorgan 52,212.25 269 5.76%
3 Citi 52,120.64 279 5.75%
4 Morgan Stanley 40,788.75 219 4.50%
5 HSBC 36,149.72 224 3.99%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 45,511.73 199 11.65%
2 JPMorgan 41,640.01 205 10.65%
3 Citi 40,920.97 214 10.47%
4 Morgan Stanley 30,035.65 150 7.69%
5 Goldman Sachs 27,561.22 260 7.05%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 5,939.43 23 6.77%
2 LBBW 5,403.66 21 6.16%
3 UniCredit 5,082.55 24 5.79%
4 HSBC 5,076.13 19 5.78%
5 Credit Agricole CIB 4,965.07 22 5.66%

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 6,170.54 15 14.33%
2 UBS 4,233.38 20 9.83%
3 BNP Paribas 3,846.71 16 8.93%
4 Credit Agricole CIB 3,549.81 11 8.24%
5 HSBC 2,321.22 16 5.39%