Surge In CDO-Related Lawsuits Expected

Lawsuits by unhappy investors against the sponsors of collateralized debt obligations are likely to surge in 2009 and 2010 as the value of CDOs continue to sink, according to Sanford C. Bernstein.

  • 11 Nov 2008
Lawsuits by unhappy investors against the sponsors of collateralized debt obligations are likely to surge in 2009 and 2010 as the value of CDOs continue to sink, according to Sanford C. Bernstein. The largest sponsors of CDOs—Merrill Lynch, UBS and Citigroup—also have the most CDOs in default, with ...

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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 %
  • Last updated
  • Today
1 Citi 70,341.11 234 10.46%
2 JPMorgan 64,579.62 197 9.60%
3 Bank of America Merrill Lynch 51,474.08 169 7.65%
4 Wells Fargo Securities 51,322.59 157 7.63%
5 Credit Suisse 47,533.25 150 7.07%