Bear Hit With Legal Claim

  • 02 Aug 2007
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Lawyers have filed a legal claim against Bear Stearns and Bear Stearns Asset Management contending the firms misled investors in Bear Stearns hedge funds about the funds' exposure to subprime risk, reports Reuters. Arbitration was filed Wednesday morning by Jacob Zamansky of Zamansky & Associates and Ross Intelisano of Rich & Intelisano on behalf of a 73-year-old retired insurance salesman who lost $500,000, according to the man’s lawyers. Zamansky said that his firm has been contacted by a number of investors in the funds and that more claims will likely come to arbitration. “We expect to file claims in excess of $100 million in losses,” he said.

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  • 02 Aug 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) 4,759 19 12.03
2 Citi 4,288 14 10.84
3 Rabobank 2,633 4 6.65
4 Goldman Sachs 2,615 4 6.61
5 Barclays 2,603 8 6.58

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Bank of America Merrill Lynch 57,210.26 177 12.39%
2 Citi 56,957.04 171 12.34%
3 Wells Fargo Securities 47,551.45 149 10.30%
4 JPMorgan 32,965.91 111 7.14%
5 Credit Suisse 23,990.96 75 5.20%