Revised FASB Rule Could Undermine Toxic-Asset Plan

Revisions to the Financial Accounting Standards Board’s mark-to-market rule could undermine Treasury’s plan to help banks shed their toxic assets.

  • 01 Apr 2009
Revisions to the Financial Accounting Standards Board’s mark-to-market rule could undermine Treasury’s plan to help banks shed their toxic assets. Under the proposed revisions, banks would be freer to value their troubled mortgages, corporate loans and other securities, and that could make it more attractive for the keep ...

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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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%