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 Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

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1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%