Wells Mulls Servicing-Rights Sale

Wells Fargo may consider occasionally selling mortgage servicing rights even though it currently is not under capital pressure to do so, according to Tim Sloan, the bank’s cfo.

  • 05 Mar 2013

Wells Fargo may consider occasionally selling mortgage servicing rights even though it currently is not under capital pressure to do so, according to Tim Sloan, the bank’s cfo. Sloan explained that servicing rights’ value may increase if interest rates rise, and that could put pressure on capital.

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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) 1,284 2 30.09
2 Barclays 633 1 14.82
3 BNP Paribas 509 1 11.91
4 Citi 467 1 10.94
5 Morgan Stanley 455 1 10.66

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 10,917.09 37 12.45%
2 Bank of America Merrill Lynch 10,011.21 29 11.41%
3 Barclays 8,176.97 25 9.32%
4 JPMorgan 7,602.76 28 8.67%
5 Wells Fargo Securities 6,773.29 27 7.72%