Credit Woes Continue To Plague GMAC

Credit problems continue to plague GMAC, with a first-quarter loss of $675 million, compared with $589 million a year ago.

  • 05 May 2009
Credit problems continue to plague GMAC, with a first-quarter loss of $675 million, compared with $589 million a year ago. Accounting for part of its troubles is an increase in net charge-offs on auto loans from 1.57% in North America to 2.91% and from 0.74% internationally to 1.08%. ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,779 12 18.72
2 Morgan Stanley 2,420 6 11.99
3 Goldman Sachs 2,096 5 10.39
4 BNP Paribas 2,058 7 10.20
5 Barclays 1,565 4 7.75

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 50,762.12 164 10.68%
2 JPMorgan 43,849.74 130 9.22%
3 Wells Fargo Securities 37,970.87 112 7.99%
4 Bank of America Merrill Lynch 36,015.87 117 7.58%
5 Credit Suisse 30,953.64 97 6.51%