Latest Bank/Insurance Capital news

  • BBVA: green T2 feasible, AT1 ‘may be difficult’

    BBVA told GlobalCapital it saw room for social bonds, and a mixed social and green bond, as well as more established green offerings as it revealed its new issuance framework this week. While it expects the senior non-preferred format is most likely to be used, it sees tier two as possible as well.

    • 07:30 PM
  • Banks jump at short end feeding frenzy

    A resurgence in demand for short end paper lured a succession of financial institutions to the dollar market with bank level trades this week.

    • 07:00 PM
  • Investors bid to close pref share loophole

    Investors were relieved to hear on Wednesday that Lloyds Bank had no plans to cancel its "irredeemable" preference shares at par, but those invested in the market want to clarify their position under UK law.

    • 06:00 PM
  • EU insolvency laws are ‘major obstacle’ to Banking Union, says SRB

    The Single Resolution Board published a statement on Thursday in which it called on EU legislators to support its work in dealing with failing banks by harmonising the region’s various insolvency laws.

    • 12:00 PM
  • Metro plans bond but analysts focus on equity needs

    Metro Bank, the UK challenger lender, said on Wednesday that it was expecting to issue tier two this year. But analysts thought it was equity that the bank would be pushed to raise, as its common equity tier one (CET1) ratio dropped further.

    • 25 Apr 2018
  • Investors win Lloyds battle but pref share war rages on

    Investors were relieved to hear on Wednesday that Lloyds Bank had no plans to cancel its "iredeemable" preference shares at par, but those invested in the market are fixed on clarifying their position under UK law.

    • 25 Apr 2018
  • Swedish capital ratios to suffer from mortgage rule change

    Swedbank announced in its results on Tuesday that a proposal to change the regulatory treatment of Swedish mortgages would lower its common equity tier one (CET1) ratio. The rule change will also take Swedish banks’ additional tier one (AT1) bonds closer to their trigger levels.

    • 24 Apr 2018
  • Talks heat up around new ways to fund EU banks in resolution

    The European Central Bank (ECB) could be drafted into providing liquidity to banks going through resolution, according to discussions at a conference in Frankfurt this week.

    • 24 Apr 2018
  • Lloyds faces pref share scrutiny after FCA note

    The UK’s Financial Conduct Authority wrote to CEOs on Thursday, asking them to make sure the details of fixed income shares are understood by investors.

    • 19 Apr 2018
  • No hanging about as banks usher in next gen of AT1s

    Additional tier one (AT1) issuers are entering into a refinancing market far faster than anyone had expected, as banks get in well ahead of time to replace the earliest trades printed in the format. Tyler Davies reports.

    • 19 Apr 2018

Bank/Insurance Capital news archive



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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 6,366.81 27 5.60%
2 Credit Suisse 6,294.71 32 5.54%
3 UniCredit 6,112.88 36 5.38%
4 HSBC 5,866.45 33 5.16%
5 LBBW 5,373.19 30 4.72%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 39,079.96 117 7.06%
2 JPMorgan 36,305.96 133 6.56%
3 Citi 35,381.73 166 6.39%
4 Goldman Sachs 34,077.64 203 6.15%
5 Morgan Stanley 31,276.81 144 5.65%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 31,329.74 93 11.21%
2 Bank of America Merrill Lynch 30,566.41 94 10.93%
3 Citi 28,565.76 128 10.22%
4 Goldman Sachs 26,794.71 174 9.59%
5 Morgan Stanley 25,834.05 111 9.24%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 5,582.45 20 8.97%
2 Deutsche Bank 4,163.44 13 6.69%
3 UniCredit 3,902.49 16 6.27%
4 LBBW 3,521.48 15 5.66%
5 SG Corporate & Investment Banking 3,368.88 14 5.42%

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 4,538.06 9 13.44%
2 UBS 3,374.07 13 9.99%
3 BNP Paribas 2,596.35 10 7.69%
4 Credit Agricole CIB 2,458.47 6 7.28%
5 SG Corporate & Investment Banking 2,055.39 8 6.09%