Ratings On European Structured Finance Deals More Volatile

Increasing volatility in European banks’ structured finance transactions reflects the originator’s motivation to “to only preserve ratings that will continue to meet…eligibility requirements imposed by the European Central Bank to secure loans”, according to Fitch Ratings.

  • 05 Jan 2012
Increasing volatility in European banks’ structured finance transactions reflects the originator’s motivation to “to only preserve ratings that will continue to meet…eligibility requirements imposed by the European Central Bank to secure loans”, according to Fitch Ratings. Fitch said some banks have been restructuring some of these so-called “retained ...

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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 5,997 17 15.40
2 Citi 4,679 16 12.02
3 Lloyds Bank 3,158 6 8.11
4 Bank of America Merrill Lynch (BAML) 3,104 10 7.97
5 Morgan Stanley 3,066 8 7.88

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 69,085.90 230 10.50%
2 JPMorgan 63,371.79 193 9.63%
3 Wells Fargo Securities 50,770.30 154 7.72%
4 Bank of America Merrill Lynch 50,413.91 166 7.66%
5 Credit Suisse 45,852.68 144 6.97%