State Sues BSAM

  • 19 Nov 2007
Email a colleague
Request a PDF

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 15,256 32 17.31
2 Bank of America Merrill Lynch (BAML) 9,637 29 10.93
3 Citi 8,264 22 9.37
4 Lloyds Bank 7,329 24 8.31
5 JP Morgan 6,580 10 7.46

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 130,010.09 379 11.12%
2 Bank of America Merrill Lynch 104,113.90 304 8.90%
3 JPMorgan 102,778.33 300 8.79%
4 Wells Fargo Securities 93,728.92 276 8.01%
5 Credit Suisse 76,904.09 209 6.58%