Latest Bank/Insurance Capital news

  • Abanca’s debut AT1 gives investors a rare yield opportunity

    Abanca, a small Spanish financial institution based in Galicia, was offering investors the chance on Monday to buy one of the highest yielding additional tier one securities in the euro market.

    • 01:00 PM
  • Hanwha General’s T2 bond plans scuppered

    In a setback for South Korea’s insurance companies, Hanwha General Insurance was forced to pull its tier two dollar bond from the market on Thursday.

    • 21 Sep 2018
  • Phoenix and Groupama find mixed results for bullet T2s

    Phoenix Group Holdings and Groupama plumped for the rare bullet tier two structure with new capital trades this week, but the pair found mixed responses from investors.

    • 20 Sep 2018
  • AT1s on centre stage as BBVA and HSBC land strategic deals

    Additional tier one bonds looked to be back in fashion this week when BBVA found success for its fifth euro deal ahead of a busy redemption calendar, and HSBC came to the end of its huge 2018 funding run in the format by entering its home market for the first time.

    • 20 Sep 2018
  • HSBC to complete mammoth AT1 funding task in home market

    Having said that it would raise $5bn-$7bn of additional tier one paper this year, HSBC was set to hit this target by selling its first ever issue in its home market on Thursday.

    • 20 Sep 2018
  • Al Ahli Bank of Kuwait revives ATI with modest print

    Al Ahli Bank of Kuwait revived its AT1 on Wednesday, having postponed the deal following a roadshow in March this year. But a modest deal size priced in the middle of final guidance left bankers away from the deal saying appetite did not look overwhelmingly strong.

    • 20 Sep 2018
  • Spanish issuers head home as CNMV steps up

    The Spanish market securities regulator overhauled some of its listing procedures at the end of 2017 in an effort to make the country a more attractive place for debt issuance. Its actions are already starting to bear fruit, as Spanish banks and companies show a much greater appetite for registering their bonds on home turf.

    • 20 Sep 2018
  • Phoenix struggles to find demand on euro debut

    Phoenix Group Holdings was unable to tighten the pricing for its debut deal in the euro market on Wednesday, a €500m long 10 year bullet.

    • 19 Sep 2018
  • Sterling hybrid investor upbeat amid Brexit uncertainty

    Market conditions have been shaky at times this year, and UK institutions in particular are under pressure as the country negotiates its departure form the EU. But Peter Doherty, managing partner and chief investment officer of Tideway Investment Partners, remains bullish on sterling hybrid debt.

    • 19 Sep 2018
  • The SREP has an important role to play in dealing with money laundering

    Europe already has a powerful tool to deal with banks that fail to show they have the proper risk controls in place — it’s called the supervisory review and evaluation process.

    • 18 Sep 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 HSBC 10,838.70 62 5.34%
2 LBBW 10,110.44 66 4.98%
3 UniCredit 10,041.71 74 4.95%
4 Natixis 9,776.52 51 4.82%
5 Commerzbank Group 9,317.67 57 4.59%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 74,275.20 309 6.41%
2 Bank of America Merrill Lynch 71,790.46 266 6.20%
3 Citi 70,388.25 351 6.08%
4 Goldman Sachs 66,011.45 527 5.70%
5 HSBC 61,730.67 280 5.33%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 60,985.86 215 10.98%
2 Bank of America Merrill Lynch 59,969.47 219 10.80%
3 Citi 55,716.51 263 10.03%
4 Goldman Sachs 49,875.99 465 8.98%
5 Morgan Stanley 46,382.96 258 8.35%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 7,282.04 27 7.38%
2 Commerzbank Group 5,647.34 22 5.73%
3 LBBW 5,565.43 23 5.64%
4 SG Corporate & Investment Banking 5,470.19 24 5.55%
5 UniCredit 5,468.87 22 5.55%

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 7,022.22 19 12.72%
2 Barclays 4,410.61 16 7.99%
3 Credit Suisse 4,278.10 14 7.75%
4 BNP Paribas 3,808.41 16 6.90%
5 UBS 3,802.05 17 6.89%