State Sues BSAM

  • 19 Nov 2007
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Bear Stearns Asset Management is facing a lawsuit from William Galvin, Massachusetts secretary of state, reports The Boston Globe. The lawsuit accuses BSAM of improper trading with its two collapsed hedge funds. Bear’s High-Grade Structured Credit Strategies Fund and the High-Grade Structured Credit Strategies Enhanced Leveraged Fund went bankrupt earlier this year following losses on mortgage-backed securities and collateralized debt obligations.

Click here to read the story from The Boston Globe on Boston.com

  • 19 Nov 2007

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 90,620.08 256 11.16%
2 Bank of America Merrill Lynch 77,768.99 216 9.58%
3 JPMorgan 68,302.06 194 8.41%
4 Wells Fargo Securities 67,736.13 189 8.34%
5 Credit Suisse 54,172.98 137 6.67%