U.K. Banks Getting Billions In Hidden Subsidies

U.K. banks receive additional taxpayer-funded subsidies of at least £32.5 billion a year ($52 billion), according to the New Economics Foundation.

  • 14 Feb 2011
U.K. banks receive additional taxpayer-funded subsidies of at least £32.5 billion a year ($52 billion), according to the New Economics Foundation. The NEF said the subsidies fall into three categories: “too big to fail subsidy,” whereby the government provides a public guarantee against their failing, saving the banks ...

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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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

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%