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 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.52%
2 Bank of America Merrill Lynch 66,433.81 187 9.42%
3 Wells Fargo Securities 57,637.40 170 8.17%
4 JPMorgan 53,570.42 158 7.59%
5 Credit Suisse 45,349.30 117 6.43%