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 Bank of America Merrill Lynch (BAML) 1,284 2 30.09
2 Barclays 633 1 14.82
3 BNP Paribas 509 1 11.91
4 Citi 467 1 10.94
5 Morgan Stanley 455 1 10.66

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 10,727.09 36 12.76%
2 Barclays 8,051.97 24 9.58%
3 Bank of America Merrill Lynch 7,814.11 25 9.30%
4 JPMorgan 7,477.76 27 8.90%
5 Wells Fargo Securities 6,648.29 26 7.91%