UK banks squeeze out rush of risk transfer trades before year-end

UK banks printed a flurry of risk transfer securitizations just before the end of last year, hedging portfolios of corporate credit and commercial real estate totalling more than $8.5bn-equivalent.

  • By Owen Sanderson
  • 03 Jan 2019
UK banks are among the most frequent issuers of significant risk transfer deals — but also attract more public attention to what are usually private, bilateral deals, since the UK’s Prudential Regulatory Authority typically requires a rating to approve the risk transfer and therefore allow the bank to claim ...

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 4,347 16 15.75
2 BNP Paribas 3,680 14 13.33
3 Morgan Stanley 2,420 6 8.77
4 Goldman Sachs 2,276 6 8.25
5 Bank of America Merrill Lynch (BAML) 2,086 9 7.56

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 58,985.44 193 10.63%
2 JPMorgan 51,597.56 153 9.29%
3 Wells Fargo Securities 41,996.86 122 7.56%
4 Bank of America Merrill Lynch 41,491.72 136 7.47%
5 Credit Suisse 38,293.55 120 6.90%