Latest Bank/Insurance Capital news

  • Bank of Jinzhou joins Chinese AT1 parade

    The pipeline for additional tier one issuance from Chinese banks is building up unabated, with Bank of Jinzhou receiving approval from the China Banking Regulatory Commission to raise up to Rmb10bn ($1.5bn).

    • 18 Aug 2017
  • Market itches to restart for autumn, but dearth of supply could loom

    Financial institution bond issuers and investors are gearing up for a busy September, but overall issuance for what remains of 2017 may be subdued amid limited funding needs.

    • 17 Aug 2017
  • Banks draw up plans for new forms of stress capital

    Over the past five years, banks, regulators and creditors have come to agree on the characteristics of a set of debt capital instruments that, at least in theory, work well for all of them. But recently investment bankers have started to wonder whether or not different structures could do more for the industry. Bank capital could well be on the cusp of yet another shake-up, writes Tyler Davies.

    • 17 Aug 2017
  • Relentless rally helps AT1 extension risk hit lows

    European banks are expected to call the first generation of Basel III compliant additional tier one (AT1) instruments, as a prolonged rally in the asset class has made refinancing conditions very attractive for issuers.

    • 17 Aug 2017
  • ‘Fire and fury’ rhetoric does not hold back Korean issuers

    US President Donald Trump’s unexpected threat against North Korean leader Kim Jong-un last week alarmed investors, pushing down South Korean offshore bonds. But Korean issuers this week shrugged off concerns of a long-term problem and are already making plans to return to the market. Morgan Davis reports.

    • 17 Aug 2017
  • US banks set for huge supply year in race to TLAC finish line

    Global systemically important banks (G-SIBs) in the US will still have to issue billions of dollars of new bonds in 2017 to meet their regulatory requirements for long-term and loss-absorbing debt, potentially leading to a busy four months for primary market activity.

    • 16 Aug 2017
  • Buyers await covered bond supply surge ahead of ECB

    Investors expect more core covered bond borrowers to follow Muenchener Hypothekenbank and price deals ahead of the next European Central Bank meeting on September 7.

    • 16 Aug 2017
  • Bank capital mandates pile up for September

    Financial institutions bond bankers have reported growing interest in the the primary market this week, with a number of banks pencilling in next month as an attractive window for debt capital offerings.

    • 15 Aug 2017
  • ISDA slams proposals to expand BRRD moratorium powers

    The International Swaps and Derivatives Association (ISDA) has urged European lawmakers not to give resolution authorities greater powers to limit cash outflows from struggling banks, weighing into a heated debate about planned changes to the Bank Recovery and Resolution Directive (BRRD).

    • 14 Aug 2017
  • FIG spreads rebound, as correction could set up September splurge

    Bank bond spreads tightened on Monday morning after a sell-off last week, with hopes that any gremlins will disappear in time for the primary market’s reopening in the coming weeks.

    • 14 Aug 2017

Bank/Insurance Capital news archive



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Capital markets data from GlobalCapital


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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 8,472.52 36 6.26%
2 Commerzbank Group 6,830.68 42 5.04%
3 UniCredit 6,825.82 54 5.04%
4 BNP Paribas 6,477.17 27 4.78%
5 LBBW 6,140.56 29 4.53%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 76,734.75 290 7.49%
2 Goldman Sachs 66,762.71 336 6.51%
3 Bank of America Merrill Lynch 66,233.17 243 6.46%
4 Citi 64,509.12 373 6.29%
5 JPMorgan 62,617.38 297 6.11%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 58,376.99 210 10.76%
2 Citi 56,048.85 293 10.33%
3 Bank of America Merrill Lynch 53,331.07 205 9.83%
4 JPMorgan 51,856.81 227 9.56%
5 Goldman Sachs 51,087.97 275 9.42%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 LBBW 5,014.64 17 7.41%
2 SG Corporate & Investment Banking 4,741.46 19 7.01%
3 BNP Paribas 4,566.36 14 6.75%
4 Credit Agricole CIB 4,553.92 17 6.73%
5 Commerzbank Group 4,242.73 17 6.27%

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 7,876.41 27 14.03%
2 Barclays 6,735.15 18 12.00%
3 BNP Paribas 3,779.92 18 6.74%
4 Credit Suisse 3,754.01 17 6.69%
5 Citi 3,502.60 28 6.24%