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 BNP Paribas 15,084 31 17.18
2 Bank of America Merrill Lynch (BAML) 9,637 29 10.97
3 Citi 8,093 21 9.22
4 Lloyds Bank 7,329 24 8.35
5 JP Morgan 6,580 10 7.49

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 128,786.28 373 11.27%
2 Bank of America Merrill Lynch 100,918.70 292 8.83%
3 JPMorgan 100,646.92 291 8.81%
4 Wells Fargo Securities 91,306.23 262 7.99%
5 Credit Suisse 75,502.58 201 6.61%