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 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 %
  • Last updated
  • Today
1 Citi 9,235.10 31 12.19%
2 Barclays 7,853.42 22 10.36%
3 Bank of America Merrill Lynch 7,473.95 24 9.86%
4 JPMorgan 7,225.34 25 9.54%
5 Wells Fargo Securities 6,258.35 24 8.26%