Watermark
Go to Asia edition

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

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Bond Comments

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • 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 %
View full table
For detailed analysis: Dealogic
  • 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 %
View full table
For detailed analysis: Dealogic
  • 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%