Latest regulation news

  • HSH Nordbank bondholders query NPL sale

    Holders of HSH Nordbank’s tier one securities are requesting documentation from the German bank’s owners through the US legal system. They say the sale of the bank was designed to harm them.

    • 12:00 PM
  • UK Brexit plans for City are unpopular and unlikely

    The UK government’s white paper on Brexit, presented as a way of moving negotiations forward with the EU, disappointed many in the UK financial services industry but the increasing likelihood of no Brexit deal at all, means that the disappointment doesn't matter — the proposals laid out in the white paper are little more than noise.

    • 17 Jul 2018
  • ECB to give weakest banks extra NPL time

    The European Central Bank said this week it wants banks to provision for legacy non-performing loans in the same way as for new NPL inflows. But, in a major boost for Europe's weakest banks, it is prepared to give heavily burdened banks more time to raise provisions.

    • 12 Jul 2018
  • UK government lays out plans for City post-Brexit

    The UK government has revealed its position on the future of financial services after the UK leaves the European Union, which falls short of the passporting rights that banks have now but would be stronger than the existing third country equivalence regime in place by the EU.

    • 12 Jul 2018
  • US House of Reps green lights options capital relief

    The US House of Representatives on Tuesday unanimously approved a bill that aims to increase the risk sensitivity of the capital treatment of certain cleared options.

    • 11 Jul 2018
  • Taxing AT1 interest is the start of a debate, not the end of the world

    Additional tier one will not die out in Europe if governments remove tax deductions on interest payments, but the latest debate about their fiscal status shines another light on an asset class in a state of confusion.

    • 10 Jul 2018
  • ‘Need to know’ rules cause confidentiality consternation

    The FICC Market Standards Board’s statement of good practice on information and confidentiality in fixed income markets is causing consternation in some investment banks, by threatening to limit the flow of information in the opposite direction to the one that is traditionally seen as problematic.

    • 05 Jul 2018
  • Goldman loses Novo Banco court claim

    On Wednesday the UK’s final court of appeal rejected Goldman Sachs’s attempt to recover money lost on a loan to Banco Espírito Santo through the British courts. The judge said the EU’s framework for dealing with failing banks might be undermined if the actions of resolution authorities could be challenged outside of their home country.

    • 05 Jul 2018
  • Euro PP buyers lean to loans as MAR and MiFID bite

    Euro private placement (Euro PP) transactions can be structured as loans or as bonds, depending on the preferences of both parties. But some smaller investors have withdrawn from the bond format, concerned that it brings them into the scope of MiFID II and of MAR, though market participants are hatching plans to bring them back.

    • 05 Jul 2018
  • Nomura slashes EMEA markets business as pressure mounts on volumes.

    Nomura has unveiled a big redundancy round in its EMEA global markets operation, with more than 50 front office staff at risk. The move comes as volumes in European fixed income disappoint once again, setting banks up for a rough set of second quarter numbers.

    • 05 Jul 2018

Regulation news archive

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 214,532.32 821 8.05%
2 JPMorgan 205,928.57 892 7.72%
3 Bank of America Merrill Lynch 189,733.81 635 7.12%
4 Barclays 167,856.79 593 6.30%
5 HSBC 149,306.51 684 5.60%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 29,830.94 52 6.96%
2 BNP Paribas 28,123.74 109 6.56%
3 UniCredit 21,895.45 101 5.11%
4 Credit Agricole CIB 21,885.13 102 5.11%
5 SG Corporate & Investment Banking 21,814.64 83 5.09%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 9,508.41 44 8.72%
2 JPMorgan 9,409.35 41 8.63%
3 Citi 7,634.33 42 7.00%
4 UBS 5,950.83 20 5.46%
5 Deutsche Bank 5,145.17 32 4.72%