SEC Cites Compliance Concerns At Credit Raters

The U.S. Securities and Exchange Commission has uncovered compliance issues at credit rating agencies. In its annual report of the firms, which are not mentioned by name, the SEC found, for example, that one agency delayed downgrading several structured finance deals to give the issuers time to restructure the transactions to avoid the move.

  • 16 Nov 2012
The U.S. Securities and Exchange Commission has uncovered compliance issues at credit rating agencies. In its annual report of the firms, which are not mentioned by name, the SEC found, for example, that one agency delayed downgrading several structured finance deals to give the issuers time to ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,261.12 337 11.09%
2 Bank of America Merrill Lynch 94,721.79 272 8.96%
3 JPMorgan 92,612.23 269 8.76%
4 Wells Fargo Securities 82,597.19 239 7.81%
5 Credit Suisse 69,442.99 183 6.57%