Old Money

  
by Prof Richard Roberts 
  • Professor Richard Roberts, GlobalCapital’s Old Money columnist, has passed away

    We’re very sorry to announce that professor Richard Roberts, who wrote the ‘Old Money’ column for GlobalCapital, passed away just before Christmas. He is survived by a wife, Sarah, and two daughters.

    • 04 Jan 2018
  • Old Money: London's foreign listings

    Saudi Aramco’s jumbo IPO is taxiing towards take off, though the timing and any co-listing locations along with Riyadh have yet to be revealed. London and New York’s exchanges are eager to host a co-listing, with Toronto, Hong Kong and Singapore also in the frame for what promises to be the biggest ever IPO, valuing the company at $2tr.

    • 28 Nov 2017
  • Old Money: Bad Banks

    Bad banks from Barings to Bradford & Bingley

    • 02 Nov 2017
  • Old Money: running on live TV

    Reflecting on the run on the Rock, a full decade on.

    • 03 Oct 2017
  • Old Money: first Brexit

    At 7:30pm on September 16, 1992, or Black Wednesday, at the end of a frenzied day in the markets the UK chancellor of the exchequer Norman Lamont announced that Britain was leaving the Exchange Rate Mechanism of the European Monetary System. It was a critical change in policy direction from the path of monetary convergence with the Europe and the first Brexit.

    • 01 Sep 2017
  • Old Money: hard-wired for FX

    There’s plenty of arguing about Brexit, but in finance, euro clearing stands out as a particularly bitter regulatory fight. At issue is London’s place as the host of euro trading — and it’s going to go down to the wire.

    • 03 Aug 2017
  • Old Money: Banking’s era of fines

    Banks are in the grip of an era of regulatory fines. Boston Consulting Group (BCG) estimates that since the 2008 financial crisis banks globally have paid $321bn in fines, an average of $40bn a year. Most have been levied by US banking agencies, with the EU claiming that it has levied 800% more in bank penalties than its 28 member states have added together. The record fine to date is the $13bn paid by JP Morgan in 2013 in settlement of mortgage backed securities (MBS) violations.

    • 03 Jul 2017
  • Old Money: Glass-Steagall – new and old

    Talk of a ‘21st Century Glass-Steagall’ is swirling around Washington and Wall Street. What this might mean in practice is hazy, but the phrase Glass-Steagall is plainly a powerful political talisman.

    • 07 Jun 2017
  • Old Money: Plungers and terrorists

    Short sellers and their schemes have a murky past. From the Dutch East India Company to Borussia Dortmund.

    • 10 May 2017
  • Old Money: Marine Le Pen, John Law and Napoleon Bonaparte

    Once France broke international records for sovereign defaults, thanks to wars, money printing and dodgy liability management.

    • 11 Apr 2017
  • Old Money: Swiss banking to rescue for 'accident prone' CS

    Kaleidoscopic corporate restructurings have long been a feature at Credit Suisse. There appear to have been three drivers – geographical balance, shuffling the deck in its investment banking activities and a noted propensity for being accident prone.

    • 08 Mar 2017

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 68,771.53 237 8.65%
2 JPMorgan 57,085.92 227 7.18%
3 Bank of America Merrill Lynch 50,865.00 167 6.39%
4 Barclays 47,895.96 139 6.02%
5 Deutsche Bank 42,753.64 160 5.37%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 9,359.72 13 13.34%
2 SG Corporate & Investment Banking 7,508.63 11 10.70%
3 Goldman Sachs 5,773.27 11 8.23%
4 Citi 4,606.54 14 6.57%
5 Credit Agricole CIB 3,259.14 12 4.64%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 2,546.04 12 11.63%
2 JPMorgan 1,646.29 9 7.52%
3 Credit Suisse 1,641.59 6 7.50%
4 Deutsche Bank 1,465.10 11 6.69%
5 Citi 1,285.41 7 5.87%