Corporate people and markets news

  • ECB says banks must make more money

    The ECB has concluded most European banks lack a suitable long-term business plan and therefore intends to carry out on-site “missions and deep dives” to make sure they become more profitable.

    • 19 Sep 2018
  • Man GLG poaches high yield expert from Schroders

    Investment manager Michael Scott will join Man GLG in December from Schroders, where he was responsible for three funds active in the high yield market.

    • 18 Sep 2018
  • HSBC picks DCM stalwart to co-head securities services

    HSBC Securities Services has appointed two global co-heads — one of them a well-known figure in the debt capital markets.

    • 18 Sep 2018
  • Nomura moves to beef up industrials

    Nomura has moved to plug a gap in its industrials practice with the recruitment of a former senior banker from HSBC.

    • 17 Sep 2018
  • SEB plucks head of UK corporate coverage from Santander

    Swedish bank SEB has appointed a new head of large corporate coverage in the UK, luring a managing director from Santander.

    • 12 Sep 2018
  • Cboe launches high yield bond futures, announces IG

    Exchange group Chicago Board Options Exchange Global Markets on Monday launched high yield corporate bond index futures, in collaboration with data firm IHS Markit and Blackrock.

    • 11 Sep 2018
  • Neuberger Berman snags BNP Paribas investment team

    Neuberger Berman, an independently owned asset management firm that was at one point owned by Lehman Brothers, has hired a team of five portfolio managers and one quantitative analyst from BNP Paribas.

    • 10 Sep 2018
  • Exotix takes on three for global expansion

    Exotix has hired a Dubai-based equity research analyst, a fixed income specialist and a senior credit analyst to further expand its coverage in Africa, the Middle East and Asia.

    • 10 Sep 2018
  • People moves in brief

    CS shores up UK IB after Burnett defection - Fenchurch snaps up CS FIG banker - Credit Suisse adds two to IB top table

    • 06 Sep 2018
  • FICC margins sink to lowest in years

    Fixed income currencies and commodities (FICC) operating margins have reached their lowest level in five years due to electrification, investment in technology and employee retention costs according to a report by CRISIL Coalition and sources GlobalCapital spoke to.

    • 06 Sep 2018
  • SRI Award Winners 2018 revealed

    GlobalCapital announced the winners of its Sustainable and Responsible Capital Markets Awards 2018 in Amsterdam on Tuesday evening. This year’s two sovereign debut green finance issues, from Indonesia and Belgium, won Deals of the Year in their regions, and there were double laurels for Danone, in both the bond and loan markets.

    • 05 Sep 2018

Corporate people & markets news archive

Capital markets data from GlobalCapital

Go to GlobalCapital's Corporate Bonds data pages for the latest information on priced deals, the new issue pipeline and bookrunner league tables across the investment grade and high yield markets.


Comment

The GlobalCapital View logo

  • What happens when green bonds get polluted?

    How green should a green bond be? Should the company issuing the green bonds have to be green itself, or is it enough that the projects that the bonds are funding are of a hue most verdant? And just how green are those projects they are funding?

    • 20 Sep 2018
  • Ratings savings — and how to avoid them

    The Catalan Treasury has dropped S&P as a ratings agency, citing cost savings — after all, it had four ratings (now three) when all it needed from a regulatory point of view was two. But S&P’s rating was the worst of those four, suggesting that ratings shopping — or in this case, ratings saving — is still a problem in the bond markets.

    • 11 Sep 2018
  • Sterling HY and retail: keep your receipt

    The US high yield bond market’s vulnerability to the price of oil is a perfect example of how heavy dependence on a single industry can hit a whole market. Now, the sterling bond market faces a similar test from the retail sector.

    • 04 Sep 2018
  • Club-style bonds: acceptable, but within reason

    The best funding plan is one that suits an individual issuer, and if that means a club deal without a legitimate public bookbuilding process, so be it. But even so, there are some lines that shouldn’t be crossed.

    • 04 Sep 2018
  • Who should pay for natural catastrophes?

    Over the weekend, Harris County in Texas voted in favour of issuing bonds to pay for flood defences, a year after Hurricane Harvey caused terrible damage in the Houston region. It is part of a wider tussle over who bears the risk of catastrophes — and the capital markets are at the forefront of the discussion.

    • 28 Aug 2018
  • RCom: tender is the night

    India’s Reliance Communcations (RCom) tender and exchange offer, unveiled last week, would clear the issuer’s books of its $300m 6.5% 2020 bond. But since RCom defaulted on a payment for the notes last November, it is in no position to offer investors such paltry tender and exchange terms.

    • 16 Aug 2018

more comment

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 98,633.09 448 5.86%
2 Bank of America Merrill Lynch 98,115.24 430 5.83%
3 Citi 83,365.80 436 4.95%
4 Barclays 72,485.68 284 4.30%
5 Goldman Sachs 67,421.03 263 4.00%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 21,838.84 99 8.78%
2 Deutsche Bank 18,365.60 68 7.38%
3 SG Corporate & Investment Banking 17,285.72 80 6.95%
4 UniCredit 14,616.54 67 5.88%
5 HSBC 12,627.71 70 5.08%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 4,096.77 49 6.96%
2 Deutsche Bank 3,839.34 38 6.52%
3 Goldman Sachs 3,623.05 30 6.16%
4 JPMorgan 3,599.75 39 6.12%
5 Credit Suisse 3,366.63 35 5.72%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,476.08 137 10.00%
2 Credit Suisse 12,881.03 89 7.37%
3 Goldman Sachs 12,373.76 90 7.08%
4 Citi 12,061.47 102 6.90%
5 Bank of America Merrill Lynch 11,966.50 108 6.84%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 24,012.60 99 6.17%
2 BNP Paribas 22,470.95 95 5.77%
3 Barclays 22,422.61 75 5.76%
4 Citi 21,095.98 83 5.42%
5 Deutsche Bank 21,068.78 84 5.41%