Draghi hints at ECB buying, calls for bifurcated ABS regulation

ECB president Mario Draghi did not rule out buying securitizations to help Europe’s economic recovery, while speaking on a panel at the World Economic Forum on Saturday. But he lamented the state of the securitization market and called on regulators to do more to distinguish between plain vanilla ABS and more opaque securitizations.

  • By Joseph McDevitt
  • 27 Jan 2014
Issuance in the corporate and financial institution bond markets had recovered sufficiently that ECB intervention was not required in those areas, according to Draghi. Buying loans on bank’s balance sheets would be helpful, but the ECB did not want direct exposure. “The issue for further thinking in the ...

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New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 7,171 21 10.72
2 Bank of America Merrill Lynch (BAML) 6,901 20 10.32
3 JP Morgan 4,776 10 7.14
4 Credit Suisse 4,718 9 7.05
5 Lloyds Bank 4,420 14 6.61

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Oct 2016
1 Wells Fargo Securities 68,611.22 170 11.38%
2 Bank of America Merrill Lynch 59,056.08 169 9.80%
3 JPMorgan 56,861.85 163 9.43%
4 Citi 56,521.05 165 9.38%
5 Credit Suisse 44,888.95 123 7.45%