Top stories

  • Lending Club prices tight as investors shrug of sector concerns

    The tight pricing of Jefferies' first rated ABS backed by near-prime Lending Club loans points to investors' heightened familiarity with the collateral and their willingness participate based on credit quality rather than broader market headlines.

    • 05 Dec 2016

  • Housing finance groups react to HUD secretary pick

    Mortgage finance groups offered their thoughts on Monday on president-elect Donald Trump's decision to tap Ben Carson as secretary of the US Department of Housing and Urban Development (HUD), emphasizing the magnitude of the job as leader of one of foremost housing regulators.

    • 05 Dec 2016
  • CLO middle market in home stretch, hopes to avoid BSL woes

    The middle market CLO sector is nearing the end of a slow 2016, with players in the space hoping that they can sidestep some of the issues facing their counterparts in the broadly syndicated sector in 2017.

    • 05 Dec 2016
  • Santander targets risk transfer with consumer ABS deals

    Banco Santander has structured a €1bn Spanish consumer loan ABS deal for capital relief purposes, and is also selling the full capital stack in a new UK auto loan deal, as analysts predict risk transfer deals will become more attractive under tweaks to 'Basel IV' rules.

    • 05 Dec 2016
  • GACs scheme questioned as Intesa opts for loan sale over ABS

    Monte dei Paschi, UniCredit and Intesa will push ahead with non-performing loan sales after Sunday's Italian referendum result, but political turmoil and the slow pace of the government’s GACs guarantee scheme could lead to changes in the way NPL sales are structured.

    • 05 Dec 2016
  • All eyes on consolidation, funding diversification at MPL confab

    Platform consolidation and diversification of funds were the dominant themes at IMN’s second annual Investors' Conference on Marketplace Lending in New York on Thursday, as the industry adapts to changes in both the macroeconomic and regulatory environments.

    • 02 Dec 2016
  • US CMBS outlook mixed, with market share a top issue

    Issuance of US CMBS in 2016 is projected to be down roughly 30% year-over-year, with the outlook for renewed growth mixed as the market eyes threats to CMBS as a source of commercial real estate (CRE) debt capital.

    • 01 Dec 2016
  • Online lenders should get used to hiccups, diversify funding - panel

    Industry players speaking at the IMN Investors' Conference on Marketplace Lending in New York on Thursday noted that marketplace lenders need to understand the importance of both diversifying sources of funding, and the cyclical nature of the capital markets.

    • 01 Dec 2016
  • Supply vacuum draws foreign issuers to beef up sterling mart

    As the UK’s banks and building societies retreat from public wholesale funding markets, opportunistic overseas covered bond and RMBS issuers are piling into the sterling market to take advantage of pent up demand, write Bill Thornhill and David Bell.

    • 01 Dec 2016
  • Small biz regs, data top list of MPL concerns — keynote

    Antonio Weiss, counsellor to the secretary of the US Treasury Department, told marketplace lending participants in a Thursday conference keynote speech that highlighting regulatory gaps in borrower protection and issues around underwriting data were areas of focus for regulators.

    • 01 Dec 2016
  • AllianzGI acquires Sound Harbor

    German investment giant Allianz Global Investors has bought US alternative investment manager Sound Harbor Partners for an undisclosed sum.

    • 01 Dec 2016


The GlobalCapital View logo   Comment

  • ABS must tread lightly as easy money ends

    Last quarter’s 3.2% US GDP growth estimates point to growing confidence in the world’s largest economy and is a sign that the era of the low rates and low growth may be drawing to a close.

    • 29 Nov 2016
  • No fireworks in non-performing loan securitization

    Non-performing loan securitization is being pushed as a solution to Europe’s banking woes. The market has potential, but expecting a wave of issuance, rather than a trickle of piecemeal deals, is misguided.

    • 29 Nov 2016

more comment

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 05 Dec 2016
1 Wells Fargo Securities 80,174.27 201 10.91%
2 Bank of America Merrill Lynch 74,495.43 214 10.14%
3 JPMorgan 67,723.30 201 9.22%
4 Citi 66,850.08 199 9.10%
5 Credit Suisse 54,924.54 146 7.48%

Latest awards

Comments? Questions? Tips?

Max Adams
Securitization Editor
+1 212 224-3293
max.adams@globalcapital.com

Sasha Padbidri
New York Reporter
+1 212 224-3206

sasha.padbidri@globalcapital.com

Graham Bippart

European Securitization and Fixed Income Editor
+44 (0)207 779 8715
graham.bippart@globalcapital.com


Subscriptions

Mark Goodes
+44 (0)207 779 8605
mark.goodes@globalcapital.com

George Williams
+44 (0)207 779 8274
george.williams@globalcapital.com

 

New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 8,649 25 10.94
2 Bank of America Merrill Lynch (BAML) 8,597 25 10.87
3 Lloyds Bank 5,252 18 6.64
4 JP Morgan 5,195 12 6.57
5 Morgan Stanley 5,011 12 6.34

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 05 Dec 2016
1 Wells Fargo Securities 80,174.27 201 10.91%
2 Bank of America Merrill Lynch 74,495.43 214 10.14%
3 JPMorgan 67,723.30 201 9.22%
4 Citi 66,850.08 199 9.10%
5 Credit Suisse 54,924.54 146 7.48%