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 15,256 32 16.83
2 Bank of America Merrill Lynch (BAML) 10,179 30 11.23
3 Citi 9,751 23 10.76
4 Lloyds Bank 7,329 24 8.09
5 JP Morgan 6,580 10 7.26

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 348.35 2 14.57%
2 SG Corporate & Investment Banking 297.67 1 12.45%
2 Citi 297.67 1 12.45%
4 RBC Capital Markets 251.51 1 10.52%
4 MUFG 251.51 1 10.52%