Markets Are Stabilizing: DB Chief

  • 05 Sep 2007
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The financial markets are stabilizing, according to the chief executive at Deutsche Bank, reports MarketWatch.com. “In the last few days, there have been signs that markets begin to stabilize. Liquidity is returning,” said Joseph Ackerman at a banking conference in Frankfurt. The bank has not suffered funding problems even as the credit crisis became more and more severe, he said. “Despite an environment of higher spreads and a focus on the short end, availability of funding has not been a problem for Deutsche Bank in recent weeks,” according to Ackerman. The chief executive did say that the market conditions have affected the bank’s sales and trading and corporate finance arms.

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  • 05 Sep 2007

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,261.12 337 11.09%
2 Bank of America Merrill Lynch 94,723.52 272 8.96%
3 JPMorgan 92,612.23 269 8.76%
4 Wells Fargo Securities 82,597.19 239 7.82%
5 Credit Suisse 69,442.99 183 6.57%