Primary FIG market suffers sovereign and year end blues

The senior unsecured FIG market was devoid of primary deals again on Tuesday — and very light on secondary trading.

  • 30 Nov 2010

Weak secondary market moves, coupled with liquidity drying up towards year end, has made conditions almost impossible for new senior bank debt issues in euros, say bankers.

“We need a sharp improvement, which is unlikely to come in the next 48 hours,” said a FIG syndicate official of ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 10,985.14 63 5.35%
2 LBBW 10,256.88 67 4.99%
3 UniCredit 10,159.00 75 4.95%
4 Natixis 9,893.81 52 4.82%
5 Commerzbank Group 9,551.18 59 4.65%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 74,770.87 312 6.39%
2 Bank of America Merrill Lynch 72,338.42 269 6.18%
3 Citi 70,910.44 355 6.06%
4 Goldman Sachs 66,011.45 527 5.64%
5 HSBC 61,852.74 281 5.28%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 61,481.52 218 10.98%
2 Bank of America Merrill Lynch 60,418.81 221 10.79%
3 Citi 55,960.76 265 10.00%
4 Goldman Sachs 49,875.99 465 8.91%
5 Morgan Stanley 47,360.46 261 8.46%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 7,282.04 27 7.38%
2 Commerzbank Group 5,647.34 22 5.73%
3 LBBW 5,565.43 23 5.64%
4 SG Corporate & Investment Banking 5,470.19 24 5.55%
5 UniCredit 5,468.87 22 5.55%

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 7,022.22 19 12.67%
2 Barclays 4,473.11 17 8.07%
3 Credit Suisse 4,278.10 14 7.72%
4 BNP Paribas 3,870.91 17 6.98%
5 UBS 3,864.55 18 6.97%