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 Citi 3,691 11 19.79
2 Morgan Stanley 2,420 6 12.97
3 Goldman Sachs 2,096 5 11.24
4 BNP Paribas 1,686 6 9.04
5 Barclays 1,565 4 8.39

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 50,762.12 164 10.68%
2 JPMorgan 43,849.74 130 9.22%
3 Wells Fargo Securities 37,970.87 112 7.99%
4 Bank of America Merrill Lynch 36,015.87 117 7.58%
5 Credit Suisse 30,953.64 97 6.51%