Insurance Investors Battle Tight ABS Mart

Insurance firms have been slowly squeezed out of the prime consumer asset-backed securities market as yields on senior auto and credit card senior bonds have shrunk.

  • 18 Mar 2011

-- Daniel O’Leary

Insurance firms have been slowly squeezed out of the prime consumer asset-backed securities market as yields on senior auto and credit card senior bonds have shrunk. The firms, traditional buyers and anchors of the consumer ABS market, are being edged out by asset managers and bank ...

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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 20.70
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 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,734.72 129 11.55%
2 JPMorgan 32,938.92 93 9.34%
3 Wells Fargo Securities 30,371.96 86 8.61%
4 Bank of America Merrill Lynch 27,582.56 87 7.82%
5 Credit Suisse 22,692.50 70 6.44%