Credit Union Sues Banks, Raters Over MBS

The Space Coast Credit Union has filed a lawsuit against Merrill Lynch, Wachovia Capital, Barclays Capital, Standard & Poor’s, Moody’s Investors Service and Richard Fuld of Lehman Brothers for allegedly conspiring to the inflate toxic mortgage-backed securities into investment grade using fraudulent ratings.

  • 12 Mar 2012
The Space Coast Credit Union has filed a lawsuit against Merrill Lynch, Wachovia Capital, Barclays Capital, Standard & Poor’s, Moody’s Investors Service and Richard Fuld of Lehman Brothers for allegedly conspiring to the inflate toxic mortgage-backed securities into investment grade using fraudulent ratings. The union, which had merged ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%