B of A Close to Record MBS Settlement With Investors

Bank of America is close to paying an $8.5 billion settlement to bondholders in legacy residential mortgage-backed securities inherited from subprime lender Countrywide Financial.

  • 29 Jun 2011
Bank of America is close to paying an $8.5 billion settlement to bondholders in legacy residential mortgage-backed securities inherited from subprime lender Countrywide Financial. The large sum would set a record payment, more than any previously made by a financial institution and greater than the bank’s total revenue ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,237 10 19.12
2 Goldman Sachs 2,096 5 12.39
3 Morgan Stanley 1,965 5 11.61
4 BNP Paribas 1,686 6 9.96
5 Barclays 1,565 4 9.25

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 30,859.27 98 11.48%
2 JPMorgan 25,558.51 72 9.51%
3 Wells Fargo Securities 24,627.51 67 9.16%
4 Bank of America Merrill Lynch 23,023.30 73 8.56%
5 Barclays 16,546.45 55 6.16%