Basel Looks To Curb Bank Use Of Debt-Valuation Adjustment

The Basel Committee on Banking Supervision said it is looking for a “full deduction” of an accounting rule known as debt-valuation adjustment, which allows banks to raise their profits and capital by writing down the value of their debt and derivatives when market prices decline.

  • 21 Dec 2011
The Basel Committee on Banking Supervision said it is looking for a “full deduction” of an accounting rule known as debt-valuation adjustment, which allows banks to raise their profits and capital by writing down the value of their debt and derivatives when market prices decline. Citigroup, JPMorgan Chase ...

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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 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 80,818.31 235 11.64%
2 Bank of America Merrill Lynch 65,088.22 185 9.37%
3 Wells Fargo Securities 56,145.09 163 8.08%
4 JPMorgan 53,381.65 156 7.69%
5 Credit Suisse 44,872.46 115 6.46%