Swap Providers For Securitizations Set To Dwindle

New reforms threaten to shrink the number of banks in Europe willing to provide swaps in securitization trades, according to market professionals.

  • 30 Mar 2011

—Hugh Leask

New reforms threaten to shrink the number of banks in Europe willing to provide swaps in securitization trades, according to market professionals. They say asset-backed securities issuers in Europe are already shifting tactics, including taking up the role of swap provider on their own transactions in light ...

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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 20.69
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 8.77

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 50,762.12 164 10.68%
2 JPMorgan 43,849.74 130 9.22%
3 Wells Fargo Securities 37,970.87 112 7.99%
4 Bank of America Merrill Lynch 36,015.87 117 7.58%
5 Credit Suisse 30,953.64 97 6.51%