Fed May Not Spend All MBS Money

Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, Va., said the improving economy may make it unnecessary for the Fed to spend the entire $1.25 trillion earmarked to buy mortgage-backed securities.

  • 27 Aug 2009
Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, Va., said the improving economy may make it unnecessary for the Fed to spend the entire $1.25 trillion earmarked to buy mortgage-backed securities. Lacker, who earlier this year voted against the purchases, said in a speech to community ...

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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 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 %
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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%