Second-Lien RMBS Send Ambac To Deeper Loss

Ambac Financial Group’s first quarter loss was about 75% deeper than a year ago, thanks in part to write-downs in second-lien residential mortgage-backed securities and a change in certain accounting standards the company has adopted.

  • 18 May 2010
Ambac Financial Group’s first quarter loss was about 75% deeper than a year ago, thanks in part to write-downs in second-lien residential mortgage-backed securities and a change in certain accounting standards the company has adopted. The bond issurer posted a net loss of $690.1 million for the quarter, ...

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 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 120,126.76 346 12.85%
2 Bank of America Merrill Lynch 99,988.41 288 10.70%
3 Wells Fargo Securities 88,516.28 265 9.47%
4 JPMorgan 69,113.88 208 7.39%
5 Credit Suisse 51,313.00 155 5.49%