Standard Chartered Takes On SIV Assets

  • 05 Dec 2007
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Standard Chartered has taken on $1.68 billion in assets from one of its structured investment vehicles, reports Reuters. The company took a “vertical” slice from its Whistlejacket SIV in exchange for $140 million worth of capital notes. The notes accounted for about half of the bank’s capital note holdings and it is very likely that the rest of the bank’s capital notes in the SIV will be retired by the end of the year, according to Richard Meddings, group finance director.

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  • 05 Dec 2007

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 %
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1 Citi 83,931.01 244 12.94%
2 Bank of America Merrill Lynch 71,587.85 220 11.03%
3 Wells Fargo Securities 64,351.96 203 9.92%
4 JPMorgan 46,391.25 147 7.15%
5 Credit Suisse 37,323.31 115 5.75%