EC Credit Measure Idea Queried

Rating agency officials and traders have questioned the European Commission’s idea to use rolling averages of credit default swap spreads or bond prices instead of ratings to define minimum credit quality for portfolios that include securitizations.

  • 12 Nov 2010

--Olivia Thetgyi

Rating agency officials and traders have questioned the European Commission’s idea to use rolling averages of credit default swap spreads or bond prices instead of ratings to define minimum credit quality for portfolios that include securitizations.

“If you look at where CDS spreads have been over the ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
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%