Latest Bank/Insurance Capital news

  • ‘Range of new issues’ expected as Westpac NZ plans euro senior return

    Westpac New Zealand has picked banks to arrange the sale of its first euro senior unsecured transaction in more than four years, as financial institutions begin to circle the new issue market.

    • 12:00 PM
  • FIG market debates Italy risk as bonds sell off

    On Monday investors were turning away from Italian bank debt after the Five Star Movement and the League reached a coalition agreement. But some believe the market will shortly rally.

    • 21 May 2018
  • Investors tell FIG issuers to face up to new pricing dynamics

    Fixed income investors say that some banks have unrealistic expectations about where they can price new bonds — an issue that could prevent deals from arriving before the summer.

    • 17 May 2018
  • EBA’s role on legacy instruments called into question

    In the wake of hedge fund Caius Capital’s claim that UniCredit’s shares are ineligible for the regulatory treatment they receive, focus has turned to what role the different European authorities play in reviewing legacy capital.

    • 17 May 2018
  • BFCM pushes out tier two as Erste holds off

    Erste Group Bank decided not to issue its additional tier one (AT1) bond on Wednesday after FIG bonds were hit by wider moves in the fixed income market. But elsewhere in the subordinated debt market Banque Fédérative du Crédit Mutuel did press ahead with a bullet tier two deal.

    • 16 May 2018
  • Policy leak rocks Italian bank bonds

    Investors moved to reduce their positions in Italian bank bonds after a leaked document on Tuesday night showed that the Five Star Movement and Lega parties were considering introducing a number of controversial policies should they enter into a governing coalition.

    • 16 May 2018
  • Popular bond investors slam missing report

    Investors have written to the Single Resolution Board asking why a ‘no creditor worse off’ report has not yet been published for Banco Popular and criticising what they see as a conflicts of interest over Deloitte’s involvement in the Spanish bank’s resolution.

    • 16 May 2018
  • After the UniCredit Cashes concern, watch out for further challenges

    The confusion over UniCredit’s Cashes notes is not a one-off. Uncertainty over regulatory capital eligibility affects the biggest banks in Europe, and it is unlikely to go away soon.

    • 15 May 2018
  • Erste joins growing AT1 pipeline

    Erste Group Bank is preparing to sell its third additional tier one bond as part of a deal that would reopen the market for the first time in nearly a month.

    • 15 May 2018
  • KDB Life pulls off ‘big feat’ with debut outing

    KDB Life Insurance Co bagged a $200m subordinated trade on Monday in its first foray into the international bond market, getting away with the structure despite a volatile backdrop

    • 15 May 2018

Bank/Insurance Capital news archive



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Capital markets data from GlobalCapital


Go to GlobalCapital's FIG data pages for the most up to date information on the global financial institution bond markets. Find our FIG bond comments, FIG league tables by Dealogic and our priced deals database.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Suisse 7,022.58 35 5.70%
2 HSBC 6,999.55 36 5.69%
3 Natixis 6,515.38 28 5.29%
4 UniCredit 6,410.63 39 5.21%
5 LBBW 6,099.50 34 4.95%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 46,399.06 142 7.19%
2 Citi 42,112.14 199 6.53%
3 JPMorgan 41,623.03 165 6.45%
4 Goldman Sachs 38,346.43 256 5.94%
5 Morgan Stanley 37,124.00 177 5.75%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 37,563.93 117 11.24%
2 JPMorgan 35,618.29 118 10.66%
3 Citi 34,267.93 153 10.26%
4 Goldman Sachs 30,537.25 223 9.14%
5 Morgan Stanley 30,195.53 143 9.04%

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 8.81%
2 Deutsche Bank 4,163.44 13 6.57%
3 UniCredit 3,902.49 16 6.16%
4 LBBW 3,756.32 16 5.93%
5 SG Corporate & Investment Banking 3,603.72 15 5.69%

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 13.07%
2 UBS 3,374.07 13 9.72%
3 BNP Paribas 2,596.35 10 7.48%
4 Credit Agricole CIB 2,458.47 6 7.08%
5 SG Corporate & Investment Banking 2,180.25 9 6.28%