Latest Securitization People & Markets news

  • Late EU rule on MBS threatens NPL solution and legacy market

    European authorities' last minute change to regulatory proposals for European securitizations has the potential to cripple the supply of MBS backed by legacy mortgages by banning any European transaction that contains what regulators classify as self-certified loans. Sam Kerr reports.

    • 20 Jul 2017
  • EIB sets up green bond 'Rosetta Stone'

    The European Investment Bank (EIB) and other market actors are working on a system to match investors’ views on what is a ‘green’ bond with suitable deals in the market.

    • 14 Jul 2017
  • EU panel calls for European green bond standard, duty of sustainability

    A European green bond standard and a classification system for sustainable assets were two of the suggestions issued on Thursday by a group of experts advising the European Union on how to make the financial system sustainable — one of the commitments in the Paris Agreement, writes Jon Hay.

    • 13 Jul 2017
  • Lawsuit threat looms for US ABS

    The Consumer Financial Protection Bureau (CFPB) has passed a rule on Monday to eliminate arbitration clauses, which stop consumers bringing class action lawsuits, in a move which could hurt the US securitization market and cause more legal trouble for the big banks. But Republicans have dug in and vowed to fight the rule.

    • 13 Jul 2017
  • Barclays adds two in European ABS trading push

    Barclays has hired two vice presidents in London as part of an effort to refresh its European ABS sales and trading group.

    • 13 Jul 2017
  • RBS settles RMBS claim for $5.5bn

    RBS has settled with the Federal Housing Finance Agency over its underwriting of US RMBS, paying $5.5bn for the agency to withdraw its litigation, though it will receive $754m back under an indemnity. Much of the charge was already provisioned, meaning the bank will record an extra charge of only $196m in its second-quarter numbers.

    • 13 Jul 2017
  • European Commission seeks NPL fix

    The European Commission on Monday announced that will consult with industry participants for a solution to the eurozone's non-performing loan issue, with an eye to developing a more efficient secondary market to move the paper off bank balance sheets.

    • 10 Jul 2017
  • Cadwalader boosts US ABS practice with new hire

    Cadwalader Wickersham & Taft has hired a former associate general counsel at Goldman Sachs for its securitization practice in Washington, DC.

    • 06 Jul 2017
  • Senior Morgan Stanley banker defects to Barclays

    Barclays has poached a senior fixed income capital markets banker from Morgan Stanley as it reinvests funds into its corporate and investment bank.

    • 05 Jul 2017
  • Funding Circle hires ABS pro, compliance chief in diversification push

    Online small business lender Funding Circle announced the hires of Joanna Karger and Richard Stevenson as the US head of capital markets and chief compliance officer respectively, as the platform looks to broaden its investor base.

    • 29 Jun 2017

Securitization people & markets news archive


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  • Think before EU speak

    “What were they thinking?” cried the European ABS market this week as the full impact of what originally seemed like an innocuous ban on an already illegal mortgage product became clear.

    • 20 Jul 2017

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Capital markets data from GlobalCapital

Go to GlobalCapital's Securitization data pages for our dealflow database, plus details of priced European and US CLOs and structured finance bookrunner league tables.

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%