Fortis denied early call option by EC state aid rules

The European Commission has prevented Fortis Bank Nederland from calling a lower tier two transaction, the bank said last Friday. Fortis said that the EC has stopped the Dutch bank from calling its Eu500m lower tier two that was due to be called on June 22.

  • 21 May 2010
"Fortis Bank Nederland is a bank subject to state aid investigation and is therefore required — similar to other financial institutions involved in state aid proceedings — to consult the EC in order to redeem capital instruments early prior to legal maturity," the bank said. "The EC has ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 8,193.67 66 6.50%
2 HSBC 7,294.00 37 5.79%
3 LBBW 6,988.86 39 5.55%
4 Natixis 5,749.17 27 4.56%
5 Barclays 5,557.78 30 4.41%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 41,447.11 199 6.91%
2 Bank of America Merrill Lynch 38,563.61 156 6.43%
3 JPMorgan 36,010.73 172 6.00%
4 Morgan Stanley 26,869.51 149 4.48%
5 HSBC 25,475.20 147 4.25%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 32,701.14 156 11.93%
2 Bank of America Merrill Lynch 31,706.88 129 11.57%
3 JPMorgan 29,082.99 133 10.61%
4 Morgan Stanley 19,896.50 106 7.26%
5 Goldman Sachs 16,708.90 173 6.10%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 LBBW 4,741.33 18 6.99%
2 Natixis 4,734.75 17 6.98%
3 Credit Agricole CIB 4,174.25 17 6.16%
4 UniCredit 4,163.16 19 6.14%
5 HSBC 3,974.99 14 5.86%

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 3,425.91 10 5.61%
2 UBS 3,334.58 12 5.47%
3 Barclays 3,229.69 10 5.29%
4 BNP Paribas 2,554.19 12 4.19%
5 HSBC 1,877.94 13 3.08%