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 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 %
  • Last updated
  • Today
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%