Two Canadian Banks May Show Writedowns

  • 19 Nov 2007
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The Bank of Montreal and National Bank of Canada may face writedowns as high as C$500 million ($513.36 million) each, according to an analyst at Scotia Capital, reports Bloomberg News. Both banks face losses on commercial paper holdings but the Bank of Montreal’s losses may also be tied to investments tied to structured investment vehicles. Analyst Kevin Choquette also said that exact loss amounts are “difficult to ascertain.” Some commercial paper has weakened amid a downturn in the U.S. mortgage market.

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  • 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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%