Building Societies Blasted Over Crisis

U.K. building societies has come in for some heavy criticism by the Financial Services Authority for their failings in connection with the current financial crisis.

  • 21 May 2009
U.K. building societies has come in for some heavy criticism by the Financial Services Authority for their failings in connection with the current financial crisis. Hugh May, representing the FSA, told a Building Societies Association conference that a number of societies did not act “sensibly” in the run-up ...

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
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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

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