S&P’s Planned Covered Bond Overhaul Gets Flak (update)

Proposed changes to Standard & Poor’s covered bond ratings criteria are being roundly criticized for being too rigid at a time when the covered bond market is reeling from the credit crunch.

  • 06 Feb 2009

--Cristina Pittelli

Proposed changes to Standard & Poor’s covered bond ratings criteria are being roundly criticized for being too rigid at a time when the covered bond market is reeling from the credit crunch. As a result of the changes, doing new deals could become more expensive and issuers ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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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%