U.K. Thrift Ponders Hybrid Note

Leeds & Holbeck, a U.K. thrift based in Leeds, is considering expanding its investment product range to include a multi-asset class note.

  • 22 Jul 2005
Email a colleague
Request a PDF

Leeds & Holbeck, a U.K. thrift based in Leeds, is considering expanding its investment product range to include a multi-asset class note. Paul Riley, derivatives manager in Leeds, said several derivatives houses have been pitching hybrid notes, declining to name which firms he has spoken with. One cross-asset-class product he particularly liked was a basket of commodities, equities and house prices. "I have noticed that commodities are quite trendy right now," he said, noting he is also interested in house price-linked products, which have proved popular at other U.K. thrifts (DW, 8/6/04).

Riley said so far, Leeds & Holbeck has only structured one investment product, a FTSE cliquet deal issued last year with Credit Suisse First Boston as the counterparty. He declined comment on when the thrift might launch its next product.

  • 22 Jul 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 30,363.50 109 7.56%
2 JPMorgan 27,423.07 94 6.82%
3 Goldman Sachs 27,365.68 53 6.81%
4 Barclays 25,009.79 63 6.22%
5 Deutsche Bank 22,679.02 69 5.64%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Mizuho 299.85 1 21.73%
1 ING 299.85 1 21.73%
1 Commerzbank Group 299.85 1 21.73%
1 BNP Paribas 299.85 1 21.73%
5 UBS 60.22 1 4.36%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 1,607.28 5 22.59%
2 Credit Suisse 1,301.65 4 18.30%
3 UBS 970.80 3 13.65%
4 BNP Paribas 522.35 4 7.34%
5 SG Corporate & Investment Banking 444.17 3 6.24%