MBIA-Like Split Helps Some, Hurts Others

The kind of company split MBIA recently announced to separate its municipal bond service from its structured finance business benefits some and hurts others, according to Sean Dilweg, the Wisconsin insurance commissioner.

  • 16 Mar 2009
The kind of company split MBIA recently announced to separate its municipal bond service from its structured finance business benefits some and hurts others, according to Sean Dilweg, the Wisconsin insurance commissioner. Dilweg, who oversees Ambac Financial Group’s main insurance unit, said MBIA’s decision will hurt the holders ...

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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 4,486 16 13.62
2 Citi 4,347 16 13.20
3 Lloyds Bank 3,158 6 9.59
4 Morgan Stanley 3,066 8 9.31
5 Bank of America Merrill Lynch (BAML) 2,771 10 8.42

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 59,774.40 197 10.64%
2 JPMorgan 52,017.12 155 9.26%
3 Wells Fargo Securities 42,153.78 123 7.51%
4 Bank of America Merrill Lynch 41,657.82 137 7.42%
5 Credit Suisse 38,415.30 121 6.84%