Assured MBS Suit Against UBS Unit To Proceed

U.S. District Judge Harold Baer of Manhattan has ruled that bond insurer Assured Guaranty may proceed with its suit against UBS Real Estate Securities, charging that the Swiss firm misrepresented the risk of loans in $1.5 billion of mortgage-backed securities.

  • 17 Aug 2012
U.S. District Judge Harold Baer of Manhattan has ruled that bond insurer Assured Guaranty may proceed with its suit against UBS Real Estate Securities, charging that the Swiss firm misrepresented the risk of loans in $1.5 billion of mortgage-backed securities. The judge did dismiss, however, a claim that ...

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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) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 120,318.45 348 12.72%
2 Bank of America Merrill Lynch 104,269.08 299 11.02%
3 Wells Fargo Securities 88,761.07 266 9.38%
4 JPMorgan 69,240.12 209 7.32%
5 Credit Suisse 51,560.77 157 5.45%