‘Sheriff of Wall Street’ launches new MBS probe

Self-appointed "Sheriff of Wall Street" Eric Schneiderman, the New York Attorney General, has launched another investigation into US pre-crisis securitisation practices, requesting information from Bank of America, Goldman Sachs and Morgan Stanley, and requesting meetings with bank representatives.

  • 20 May 2011

Schneiderman’s office has not commented publicly on the investigation, nor has he announced which aspects of the securitisation process he is scrutinising.

Attorneys general for 50 states are negotiating with several of the largest US banks over robo-signing and foreclosure title disputes.

Court cases across the US from September onwards ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Mar 2017
1 HSBC 4,036.16 16 6.04%
2 Commerzbank Group 4,025.24 24 6.02%
3 SG Corporate & Investment Banking 3,839.27 16 5.74%
4 LBBW 3,832.35 17 5.73%
5 UniCredit 3,441.32 25 5.15%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Goldman Sachs 34,651.03 126 7.97%
2 Morgan Stanley 29,177.75 109 6.71%
3 Bank of America Merrill Lynch 27,006.26 91 6.21%
4 JPMorgan 25,239.23 117 5.80%
5 HSBC 22,669.48 102 5.21%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 Goldman Sachs 22,807.51 94
2 Morgan Stanley 21,009.07 69
3 JPMorgan 19,370.83 76
4 Bank of America Merrill Lynch 19,244.14 67
5 Citi 18,801.67 99

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Mar 2017
1 SG Corporate & Investment Banking 3,598.86 14 4.70%
2 LBBW 3,164.12 11 4.13%
3 Commerzbank Group 2,654.38 10 3.46%
4 BNP Paribas 2,465.63 8 3.22%
5 Credit Agricole CIB 2,428.94 10 3.17%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 28 Mar 2017
1 Credit Suisse 2,871.94 10 10.56%
2 BNP Paribas 2,621.82 10 9.64%
3 Barclays 2,342.82 7 8.62%
4 HSBC 2,079.93 15 7.65%
5 Bank of America Merrill Lynch 1,926.69 12 7.09%