FSA Sees Reclassifying Subprime As Prime

The U.K.’s Financial Services Authority reportedly says building societies may be able to reclassify subprime loans as prime if they have performed well for five years.

  • 26 Mar 2010
The U.K.’s Financial Services Authority reportedly says building societies may be able to reclassify subprime loans as prime if they have performed well for five years. The FSA says that while it does not believe seasoned high loan-to-value lending become less risky for a society just because a ...

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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) 3,865 12 12.28
2 Citi 2,800 7 8.90
3 Goldman Sachs 2,615 4 8.31
4 Credit Agricole 2,254 6 7.16
5 Barclays 2,006 6 6.38

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Jun 2017
1 Citi 46,714.29 133 12.73%
2 Bank of America Merrill Lynch 43,017.27 121 11.73%
3 Wells Fargo Securities 36,865.83 105 10.05%
4 JPMorgan 25,897.27 79 7.06%
5 Credit Suisse 19,055.29 50 5.19%