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 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,261.12 337 11.09%
2 Bank of America Merrill Lynch 94,723.52 272 8.96%
3 JPMorgan 92,612.23 269 8.76%
4 Wells Fargo Securities 82,597.19 239 7.82%
5 Credit Suisse 69,442.99 183 6.57%