U.S. Structurers Hold Off M2M Avoidance Play

U.S. credit desks have not been jumping in and pitching a structure that allows holders to avoid mark-to-market positions that have been seen recently in Asia and Europe.

  • 27 Jun 2008
U.S. credit desks have not been jumping in and pitching a structure that allows holders to avoid mark-to-market positions that have been seen recently in Asia and Europe. The structures effectively negate the IAS39 accounting rule. U.S. players are not taking the plunge because they expect the Financial ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%