Deutsche Bank Wins Allstate Portfolio

Deutsche Bank won a $38 million portfolio auctioned off by Allstate as the market digested a couple of portfolio sales.

  • 10 Dec 2004
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Deutsche Bank won a $38 million portfolio auctioned off by Allstate as the market digested a couple of portfolio sales. The cover bid for the Allstate sale was 101.24. One trader said Allstate was looking to unload the paper before year-end. Officials at Allstate and Deutsche Bank declined comment. A seller was also rumored to be looking to offload an $83 million portfolio of 70 loans split between par and stressed names last week, said traders. LMW incorrectly identified Franklin Advisers as the seller (LMW, 12/7). A Franklin spokeswoman stated that Franklin did not conduct an auction.

  • 10 Dec 2004

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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  • Today
1 Citi 82,050.07 237 12.94%
2 Bank of America Merrill Lynch 70,926.06 217 11.18%
3 Wells Fargo Securities 62,359.46 195 9.83%
4 JPMorgan 45,920.23 145 7.24%
5 Credit Suisse 36,830.60 112 5.81%