B of A To Shut Retail Ops In Six States

Bank of America has confirmed reports that it is closing its retail lending operations in six low-volume states-- Alabama, Alaska, Montana, Nebraska, Wisconsin and Wyoming—as it works to streamline its mortgage business.

  • 06 Oct 2011
Bank of America has confirmed reports that it is closing its retail lending operations in six low-volume states-- Alabama, Alaska, Montana, Nebraska, Wisconsin and Wyoming—as it works to streamline its mortgage business. A bank spokesman said customers in those states will be serviced by its online and telesales ...

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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

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1 Citi 80,818.31 235 11.57%
2 Bank of America Merrill Lynch 66,338.04 186 9.50%
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4 JPMorgan 53,381.65 156 7.64%
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