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 ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,734.72 129 10.87%
2 JPMorgan 33,785.84 96 9.02%
3 Wells Fargo Securities 31,464.27 90 8.40%
4 Bank of America Merrill Lynch 29,270.38 93 7.81%
5 Credit Suisse 23,189.41 72 6.19%