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 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 %
  • Last updated
  • Today
1 Citi 128,864.18 374 11.17%
2 Bank of America Merrill Lynch 102,984.87 299 8.93%
3 JPMorgan 101,325.97 295 8.78%
4 Wells Fargo Securities 91,373.90 263 7.92%
5 Credit Suisse 76,082.53 203 6.60%