SME lending plans need a broader view, says BofA Merrill

While European policymakers mull the ways in which the securitisation market could help increase lending to small and medium-sized enterprises, Alexander Batchvarov, head of international structured finance strategy at Bank of America Merrill Lynch, is concerned that a narrow focus on SME ABS would fail to help many businesses.

  • 14 May 2013

Policy-makers need a more broadminded approach, he argues.

A meeting of G7 finance ministers in the UK last weekend added no clarity as to how Europe’s political elite intend to help SMEs. European Central Bank (ECB) president Mario Draghi, who suggested two weeks ago that the securitisation market could ...

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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 94,723.52 272 8.96%
3 JPMorgan 92,612.23 269 8.76%
4 Wells Fargo Securities 82,597.19 239 7.82%
5 Credit Suisse 69,442.99 183 6.57%