Prime Auto ABS Perform Better Than Expected

Fitch Ratings reports that lower-than-expected losses for 2009 U.S. prime automobile loan asset-backed securities will result in “continued positive rating performance” for this vintage.

  • 09 Nov 2010
Fitch Ratings reports that lower-than-expected losses for 2009 U.S. prime automobile loan asset-backed securities will result in “continued positive rating performance” for this vintage. Cumulative net losses for the first three quarters of 2010 are about twice as low as those of 2008 and 2007 vintages, amid a ...

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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 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.54%
2 Bank of America Merrill Lynch 66,433.81 187 9.43%
3 Wells Fargo Securities 57,637.40 170 8.18%
4 JPMorgan 53,570.42 158 7.61%
5 Credit Suisse 45,349.30 117 6.44%