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OCC Forces Banks To Write Down Home Equity Loans

Guidance on how banks should account for troubled debt restructurings from the Office of the Comptroller of the Currency forced JPMorgan Chase to write off $825 million in home equity loans and Wells Fargo to charge off an additional $567 million in the third quarter.

  • 12 Oct 2012
Guidance on how banks should account for troubled debt restructurings from the Office of the Comptroller of the Currency forced JPMorgan Chase to write off $825 million in home equity loans and Wells Fargo to charge off an additional $567 million in the third quarter.Wells Fargo said ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
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1 BNP Paribas 13,295 25 18.56
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.25
3 Lloyds Bank 6,979 21 9.74
4 Citi 6,256 16 8.73
5 JP Morgan 5,220 8 7.29

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1 Citi 104,581.71 299 10.92%
2 Bank of America Merrill Lynch 86,347.40 249 9.02%
3 JPMorgan 80,990.39 237 8.46%
4 Wells Fargo Securities 77,934.65 225 8.14%
5 Credit Suisse 63,570.21 165 6.64%