Protocols For Settling Restructuring Credit Events Unveiled

The International Swaps and Derivatives Association has circulated a draft term sheet outlining auction settlement protocols to be followed in the wake of restructuring credit events.

  • 18 Jun 2009

-- Katy Burne

The International Swaps and Derivatives Association has circulated a draft term sheet outlining auction settlement protocols to be followed in the wake of restructuring credit events. The amendments to the 2003 ISDA Credit Derivatives Definitions will apply mainly in Europe, since restructuring was phased out in ...

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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) 6,665 23 12.97
2 Citi 5,781 17 11.25
3 BNP Paribas 3,715 15 7.23
4 Barclays 2,853 9 5.55
5 Credit Suisse 2,783 8 5.42

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1 Citi 99,250.27 279 13.11%
2 Bank of America Merrill Lynch 92,153.61 267 12.17%
3 Wells Fargo Securities 72,661.39 222 9.59%
4 JPMorgan 52,367.24 169 6.91%
5 Credit Suisse 41,885.89 127 5.53%