KPMG Sued Over New Century Audits

Creditors of bankrupt lender New Century have sued KPMG, alleging the accounting firm’s audits were “grossly negligent” and resulted in investors taking heavy losses on mortgage backed securities.

  • 02 Apr 2009
Creditors of bankrupt lender New Century have sued KPMG, alleging the accounting firm’s audits were "grossly negligent" and resulted in investors taking heavy losses on mortgage backed securities. Creditors, which are seeking $1 billion in damages, have filed two suits: one in California, against the firm’s U.S. operations, ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%