FDIC Extends Securitization Safe Harbor

The Federal Deposit Insurance Corporation has approved an interim rule that extends its safe harbor for securitizations through March 31, 2010.

  • 12 Nov 2009

-- Olivia Thetgyi

The Federal Deposit Insurance Corporation has approved an interim rule that extends its safe harbor for securitizations through March 31, 2010. The extension puts off the fear that rating agencies may downgrade deals that have lost the protection. “It’s a very positive development,” said Jason Kravitt, ...

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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%