Investors Sidelined By 122a Uncertainty

Continued uncertainty over the European Commission’s Capital Requirements Directive amendments, which industry professionals say will place costly and time-consuming compliance burdens on banks investing in securitizations, is keeping many buyside players on the sidelines.

  • 01 Oct 2010

—Hugh Leask

Continued uncertainty over the European Commission’s Capital Requirements Directive amendments, which industry professionals say will place costly and time-consuming compliance burdens on banks investing in securitizations, is keeping many buyside players on the sidelines.

Under Article 122a of the CRD reforms, which apply to all securitizations from ...

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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

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 82,367.33 238 12.89%
2 Bank of America Merrill Lynch 71,317.58 219 11.16%
3 Wells Fargo Securities 62,984.09 198 9.86%
4 JPMorgan 45,920.23 145 7.19%
5 Credit Suisse 37,235.50 114 5.83%