HSBC, US Bancorp Settle FINRA Charges

HSBC Securities and US Bancorp Investments have settled charges brought buy the Financial Industry Regulatory Authority relating to auction rate securities that became illiquid when the auctions froze up two years ago.

  • 26 Apr 2010
HSBC Securities and US Bancorp Investments have settled charges brought buy the Financial Industry Regulatory Authority relating to auction rate securities that became illiquid when the auctions froze up two years ago. HSBC has agreed to pay a fine of $1.5 million and U.S. Bancorp $275,000 for the ...

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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 20.70
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 8.78

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1 Citi 40,734.72 129 10.87%
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4 Bank of America Merrill Lynch 29,270.38 93 7.81%
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