Latest bank capital news

  • China Merchants throws open maiden dollar AT1

    China Merchants Bank is marketing its inaugural dollar-denominated Basel III additional tier one transaction, which analysts say is attractive to investors.

    • 04:45 AM
  • China Merchants joins dollar AT1 party

    China Merchants Bank has named the leads on its proposed dollar additional tier one transaction, two months after receiving regulatory approval.

    • 18 Oct 2017
  • Berlin Hyp follows Japanese into blossoming euro greens

    Berlin Hyp has become the latest FIG issuer to enter the green senior unsecured market in euros, after Sumitomo Mitsui Financial Group (SMFG) and Mizuho Financial Group opened up issuance from Japan earlier this month.

    • 17 Oct 2017
  • Hunt for yield allows Pru through fixed-for-life market

    Prudential plc secured an attractive rate of funding for life when it sold a new perpetual tier two bond on Tuesday, but market participants remain unclear whether or not there is enough demand for fixed-for-life coupons to allow a flurry of new issuance from other European insurers.

    • 17 Oct 2017
  • India mulls recap bonds to tackle banks’ capital shortfall

    The possible return of recapitalisation bonds after a two decade absence could help India tackle a triple threat of a stressed banking sector, rising leverage among corporates and challenges to the public financial system

    • 15 Oct 2017
  • Bank of Zhengzhou plays musical chairs with bond banks

    Bank of Zhengzhou Co’s inaugural offshore additional tier one (AT1) bond drew attention for the wrong reasons this week, after last-minute changes in the syndicate group — including one bank being dropped from the global co-ordinator group. Addison Gong reports.

    • 12 Oct 2017
  • UOB broadens investor base with tightly priced AT1

    United Overseas Bank sold its first dollar-denominated AT1 bond this week, managing to widen its investor base after regular appearances in its domestic market.

    • 12 Oct 2017
  • Bank of Zhengzhou plays musical chairs with AT1 banks

    Bank of Zhengzhou Co priced its first offshore additional tier one (AT1) bond this week. But although the pricing of the deal appeared to make sense, the transaction drew attention for a number of last-minute changes in the syndicate group, including at the global co-ordinator level.

    • 11 Oct 2017
  • UOB serves up dollar AT1

    United Overseas Bank is making its first foray into the dollar tier one market in more than decade, after approaching investors with an AT1 bond on Wednesday.

    • 11 Oct 2017
  • Chinese firms take charge of Bank of Zhengzhou’s AT1

    Bank of Zhengzhou Co started taking bids for its first offshore additional tier one (AT1) bond on Tuesday, after picking five Chinese banks as global co-ordinators. Only two foreign names made it onto the bookrunner list despite taking the lead in almost all previous Chinese AT1s.

    • 10 Oct 2017

Bank capital news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.15
2 CITIC Securities 21.52
3 China CITIC Bank Corp 9.93
4 China Merchants Bank Co 9.38
5 Industrial and Commercial Bank of China (ICBC) 7.73

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Oct 2017
1 CITIC Securities 11,427.98 67 5.99%
2 China Securities Co Ltd 9,276.15 41 4.87%
3 China International Capital Corp Ltd 9,104.08 44 4.78%
4 UBS 9,093.85 67 4.77%
5 Goldman Sachs 8,976.54 43 4.71%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,004.30 186 8.21%
2 Citi 25,094.34 154 7.35%
3 JPMorgan 21,049.54 121 6.17%
4 Bank of America Merrill Lynch 17,836.24 92 5.23%
5 Standard Chartered Bank 14,573.61 109 4.27%

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