Senior RMBS Jumps On B of A Settlement (Update)

The market is still sifting through what Bank of America-Merrill Lynch’s announced settlement with investors means for the market, but senior positions on residential mortgage securitizations got an immediate bounce, climbing four points, according to traders and portfolio managers.

  • 01 Jul 2011

-- Daniel O’Leary

The market is still sifting through what Bank of America-Merrill Lynch’s announced settlement with investors means for the market, but senior positions on residential mortgage securitizations got an immediate bounce, climbing four points, according to traders and portfolio managers.

“Most [senior positions] are up about 4-5 ...

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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 %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.54%
2 Bank of America Merrill Lynch 66,433.81 187 9.43%
3 Wells Fargo Securities 57,637.40 170 8.18%
4 JPMorgan 53,570.42 158 7.61%
5 Credit Suisse 45,349.30 117 6.44%