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 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 94,444.52 266 11.16%
2 Bank of America Merrill Lynch 79,057.17 220 9.35%
3 Wells Fargo Securities 69,655.75 196 8.23%
4 JPMorgan 69,110.65 196 8.17%
5 Credit Suisse 56,930.26 144 6.73%