Opting-Out Investors Sue BoA

Investors in Countrywide Financial that opted out of a $624 settlement last year over losses from sour mortgages have sued Bank of America, the lender’s current owner, charging securities fraud.

  • 01 Aug 2011
Investors in Countrywide Financial that opted out of a $624 settlement last year over losses from sour mortgages have sued Bank of America, the lender’s current owner, charging securities fraud. Among the plaintiffs in the lawsuit, which was filed in U.S. District Court in Los Angeles, are BlackRock, ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.69
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.77

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 50,762.12 164 10.68%
2 JPMorgan 43,849.74 130 9.22%
3 Wells Fargo Securities 37,970.87 112 7.99%
4 Bank of America Merrill Lynch 36,015.87 117 7.58%
5 Credit Suisse 30,953.64 97 6.51%