Investors Sidelined By 122a Uncertainty

Continued uncertainty over the European Commission’s Capital Requirements Directive amendments, which industry professionals say will place costly and time-consuming compliance burdens on investors in securitizations, is keeping many buyside firms on the sidelines.

  • 29 Sep 2010

—Hugh Leask

Continued uncertainty over the European Commission’s Capital Requirements Directive amendments, which industry professionals say will place costly and time-consuming compliance burdens on investors in securitizations, is keeping many buyside firms on the sidelines.

Article 122a of the CRD, which applies to all securitizations from Jan. 1, will ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 15,084 31 17.18
2 Bank of America Merrill Lynch (BAML) 9,637 29 10.97
3 Citi 8,093 21 9.22
4 Lloyds Bank 7,329 24 8.35
5 JP Morgan 6,580 10 7.49

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 128,786.28 373 11.20%
2 Bank of America Merrill Lynch 102,784.89 298 8.94%
3 JPMorgan 100,935.67 292 8.78%
4 Wells Fargo Securities 91,306.23 262 7.94%
5 Credit Suisse 75,962.58 202 6.61%