State Sues BSAM

  • 19 Nov 2007
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Bear Stearns Asset Management is facing a lawsuit from William Galvin, Massachusetts secretary of state, reports The Boston Globe. The lawsuit accuses BSAM of improper trading with its two collapsed hedge funds. Bear’s High-Grade Structured Credit Strategies Fund and the High-Grade Structured Credit Strategies Enhanced Leveraged Fund went bankrupt earlier this year following losses on mortgage-backed securities and collateralized debt obligations.

Click here to read the story from The Boston Globe on Boston.com

  • 19 Nov 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 %
  • Last updated
  • Today
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%