Latest Bank/Insurance Capital news

  • RBI lines up first AT1 of the year

    Raiffeisen Bank International announced a mandate for the first additional tier one (AT1) issue of the year, giving investors a chance to dive back into an asset class which saw exceptional returns last year. Crédit Agricole Assurances also announced a mandate for a tier two bond.

    • 16 Jan 2018
  • Íslandsbanki achieves four times subscription for callable deal

    Íslandsbanki issued a six year non-call five senior deal in the euro market on Friday, as La Mondiale opened books on a sub-benchmark callable deal.

    • 12 Jan 2018
  • Market divided over Monte dei Paschi pricing

    The coupon for Banca Monte dei Paschi di Siena’s €750m comeback tier two deal was compared with a whole host of other subordinated transactions this week — with varying opinions on what represented good value.

    • 11 Jan 2018
  • Investors debate Monte tier two as NPL securitization progresses

    Financial institutions bond investors were assessing this week whether or not they should invest in Banca Monte dei Paschi di Siena’s first deal since its recapitalisation by the state last summer.

    • 10 Jan 2018
  • There’s something about Monte

    Banca Monte dei Paschi di Siena’s comeback plans show that there is still a big difference between tier two and additional tier one (AT1) bonds, even after the failure of Banco Popular.

    • 09 Jan 2018
  • Barclays and Lloyds look for hat tricks in holdco

    Barclays and Lloyds were marketing new senior offerings from their holding companies on Monday, having each already printed two transactions in the first week of 2018.

    • 08 Jan 2018
  • MPS to offer the ‘ultimate recovery play’

    Banca Monte dei Paschi di Siena announced a mandate for a benchmark tier two bond on Thursday, its first since its recapitalisation last year. It is a crucial deal for the bank, but it will have to offer a high coupon to tempt investors back.

    • 04 Jan 2018
  • Yankee banks hit US dollars with storm of new issuance

    Extreme weather conditions failed to prevent issuers from flocking to the US dollar bond market this week, with Yankee issuers getting off to a cracking start to the year.

    • 04 Jan 2018
  • Monte dei Paschi prepares bond market return

    Banca Monte dei Paschi di Siena has picked banks to arrange a new tier two transaction — its first bond offering since being recapitalised by the Italian state in July 2017.

    • 04 Jan 2018
  • Lloyds follows CBA with 30 year dollar T2

    Lloyds Banking Group opened books on a 30 year tier two deal in dollar market on Thursday, following Commonwealth Bank of Australia’s strong result in the same tenor the day before. The two deals began bookbuilding at the same price point, but SEC-registered Lloyds should also benefit from onshore US demand, while Reg S CBA did not.

    • 04 Jan 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 UniCredit 2,187.22 10 6.76%
2 Natixis 1,915.57 7 5.92%
3 UBS 1,854.45 10 5.73%
4 Credit Suisse 1,824.93 10 5.64%
5 Barclays 1,806.80 7 5.59%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UBS 6,938.93 9 8.25%
2 Barclays 6,735.91 12 8.01%
3 Wells Fargo Securities 6,724.12 7 8.00%
4 Deutsche Bank 6,248.02 13 7.43%
5 BNP Paribas 5,581.01 10 6.64%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Wells Fargo Securities 6,724.12 7 14.18%
2 Barclays 4,340.62 8 9.16%
3 Goldman Sachs 3,870.56 13 8.17%
4 Credit Suisse 3,777.58 10 7.97%
5 Citi 3,639.63 15 7.68%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 1,766.85 6 8.26%
2 UniCredit 1,662.07 7 7.77%
3 LBBW 1,541.66 6 7.20%
4 Deutsche Bank 1,380.66 4 6.45%
5 UBS 1,377.06 5 6.44%

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 Credit Agricole CIB 1,031.57 1 15.69%
2 UBS 356.49 2 5.42%
2 Goldman Sachs 356.49 2 5.42%
2 Bank of America Merrill Lynch 356.49 2 5.42%
5 Lloyds Banking Group 249.35 1 3.79%