Overrated: Agencies face reform challenges

The credit rating agencies have become whipping boys of investors, regulators and politicians after a slew of triple-A rated structured products blew up in 2007 and 2008. Chris Dammers explores what went wrong and asks if the reforms introduced by the agencies are enough to restore confidence.

  • 30 May 2008

The events of the last year have often been labelled "the worst financial crisis in 50 years", with some commentators putting it as far back as the Great Depression. Yet from outside the financial industry it could be hard to see why.

Admittedly, the US housing market is ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%