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 BNP Paribas 13,295 25 18.56
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.25
3 Lloyds Bank 6,979 21 9.74
4 Citi 6,256 16 8.73
5 JP Morgan 5,220 8 7.29

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 104,581.71 299 10.92%
2 Bank of America Merrill Lynch 86,347.40 249 9.01%
3 JPMorgan 80,990.39 237 8.46%
4 Wells Fargo Securities 77,934.65 225 8.14%
5 Credit Suisse 63,570.21 165 6.64%