ISDA Decides ResCap Bankruptcy CDS Trigger

The determinations committee of the International Swaps and Derivatives Association decided that the filing of bankruptcy of Residential Capital constitutes a credit event that would trigger the payout of roughly USD858 million in credit default swaps referencing the ResCap.

  • 15 May 2012

The determinations committee of the International Swaps and Derivatives Association decided that the filing of bankruptcy of Residential Capital constitutes a credit event that would trigger the payout of roughly USD858 million in credit default swaps referencing the ResCap. UBS had asked the committee to decide the matter

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 197,914.90 895 8.14%
2 Citi 186,839.59 774 7.69%
3 Bank of America Merrill Lynch 157,260.21 654 6.47%
4 Barclays 146,338.50 589 6.02%
5 HSBC 123,031.11 650 5.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 23,205.24 91 7.83%
2 BNP Paribas 22,856.10 93 7.71%
3 Bank of America Merrill Lynch 17,912.30 51 6.04%
4 JPMorgan 15,832.35 43 5.34%
5 UniCredit 13,242.71 72 4.47%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 6,682.32 29 10.24%
2 JPMorgan 6,266.27 38 9.60%
3 Goldman Sachs 5,596.92 27 8.57%
4 Citi 4,216.64 31 6.46%
5 UBS 4,205.38 21 6.44%