Final Volcker Rule Raises Big Questions For CLO Mart

The U.S. collateralized loan obligation market is scrambling to find answers to questions raised by language in the final Volcker rule that effectively bans CLOs from holding high yield bonds and structured products in their portfolios.

  • 12 Dec 2013

The U.S. collateralized loan obligation market is scrambling to find answers to questions raised by language in the final Volcker rule that effectively bans CLOs from holding high yield bonds and structured products in their portfolios.

The five agencies charged with implementing the rule voted on Tuesday on a ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,665 23 12.97
2 Citi 5,781 17 11.25
3 BNP Paribas 3,715 15 7.23
4 Barclays 2,853 9 5.55
5 Credit Suisse 2,783 8 5.42

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1 Citi 99,250.27 279 13.11%
2 Bank of America Merrill Lynch 92,153.61 267 12.17%
3 Wells Fargo Securities 72,661.39 222 9.59%
4 JPMorgan 52,367.24 169 6.91%
5 Credit Suisse 41,885.89 127 5.53%