CIT Wins Bank-Holding Status

CIT Group has received state approval to convert from a Utah-chartered industrial bank to a bank holding company, thus making it eligible it to receive federal bailout funds.

  • 23 Dec 2008
CIT Group has received state approval to convert from a Utah-chartered industrial bank to a bank holding company, thus making it eligible it to receive federal bailout funds. In a separate announcement, the firm also stated it had entered into a definitive agreement with the Department of ...

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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 5,997 17 15.40
2 Citi 4,679 16 12.02
3 Lloyds Bank 3,158 6 8.11
4 Bank of America Merrill Lynch (BAML) 3,104 10 7.97
5 Morgan Stanley 3,066 8 7.88

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 70,842.09 237 10.45%
2 JPMorgan 64,579.62 197 9.52%
3 Bank of America Merrill Lynch 51,474.08 169 7.59%
4 Wells Fargo Securities 51,322.59 157 7.57%
5 Credit Suisse 47,737.24 151 7.04%