DOJ Investigating S&P Over MBS Ratings

The Department of Justice is investigating Standard & Poor’s over its ratings of mortgage-backed securities in the years before the start of the financial crisis.

  • 18 Aug 2011
The Department of Justice is investigating Standard & Poor’s over its ratings of mortgage-backed securities in the years before the start of the financial crisis. Sources said the probe is focusing on whether top managers at the credit rating agency overruled analysts who wanted to award lower ratings. ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

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1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%