Fourth Quarter Write-downs May Hit JPMorgan

  • 13 Nov 2007
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JPMorgan may make write-downs on its portfolio of collateralized debt obligations, subprime mortgages and leveraged loans in the fourth quarter, reports Reuters. The bank has exposure of about $50 billion to the three investment categories. The bank had $40.6 billion in held-for-sale leveraged lending commitments at the end of September. JPMorgan also has approximately $6.8 billion in CDO exposure and about $2.6 billion in exposure to the subprime mortgage market. The bank had $1.3 billion in write-downs on its leveraged loan portfolio in the third-quarter.

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  • 13 Nov 2007

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 2,454.09 9 13.89%
2 JPMorgan 1,441.26 6 8.16%
3 SG Corporate & Investment Banking 1,292.64 1 7.32%
3 Rabobank 1,292.64 1 7.32%
5 Bank of America Merrill Lynch 1,226.20 5 6.94%