ABCP Losses Help Canaccord Sink Deeper

Losses from asset-backed commercial paper helped send Canaccord Capital into the red in the fourth quarter.

  • 31 Mar 2009
Losses from asset-backed commercial paper helped send Canaccord Capital into the red in the fourth quarter. The Canadian brokerage recorded a net loss of C$62.4 million ($49.77 million) in the quarter, compared with a profit of C$15 million ($11.96 million) a year earlier. The company, which also attributes ...

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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 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 80,818.31 235 11.57%
2 Bank of America Merrill Lynch 66,338.04 186 9.50%
3 Wells Fargo Securities 56,344.19 164 8.07%
4 JPMorgan 53,381.65 156 7.64%
5 Credit Suisse 44,872.46 115 6.43%