Morningstar appoints new president, sees potential boom in esoteric ABS

Morningstar Credit Ratings has named managing director of RMBS and ABS Brian Grow as president, as the rating agency eyes a growing esoteric securitization market in 2018.

  • By Max Adams
  • 13 Feb 2018

Morningstar announced Grow’s appointment on Tuesday, stating that he will oversee all of the company’s credit ratings business. He reports to head of global research Haywood Kelly.

Speaking with GlobalCapital on Tuesday, Grow said that Morningstar is expecting a surge in volume and interest in esoteric ABS ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 4,296 9 12.47
2 BNP Paribas 3,136 11 9.10
3 Bank of America Merrill Lynch (BAML) 2,934 10 8.52
4 Lloyds Bank 2,213 9 6.42
5 Credit Agricole 2,025 6 5.88

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 45,886.98 133 11.32%
2 Bank of America Merrill Lynch 44,227.86 120 10.91%
3 Wells Fargo Securities 33,922.42 99 8.37%
4 JPMorgan 31,654.98 91 7.81%
5 Credit Suisse 24,807.99 61 6.12%