GS, MS Sued By German Lender Over MBS

German lender HSH Nordbank has sued Goldman Sachs and Morgan Stanley for allegedly making “material misrepresentations and omissions” concerning the underwriting standards it used to issue loans in mortgage-backed securities.

  • 27 Aug 2012
German lender HSH Nordbank has sued Goldman Sachs and Morgan Stanley for allegedly making “material misrepresentations and omissions” concerning the underwriting standards it used to issue loans in mortgage-backed securities. Goldman Sachs sold $110 million and Morgan Stanley $524 million in MBS to the bank, according to Nordbank’s ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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) 3,136 9 12.62
2 Citi 2,562 6 10.31
3 Goldman Sachs 2,150 3 8.65
4 Credit Suisse 1,822 6 7.33
5 Societe Generale 1,814 4 7.30

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%