European Delinquency Levels Improve Modestly In First Quarter

Fitch Ratings’ index of rating change for European structured finance (ESF) transactions has moved up by 0.6% in the first quarter of 2007, a modest improvement in the weighted average probability of default in the sector.

  • 25 Apr 2007
-- By Daniel Flatt

Fitch Ratings’ index of rating change for European structured finance (ESF) transactions has moved up by 0.6% in the first quarter of 2007, a modest improvement in the weighted average probability of default in the sector. Commercial and residential mortage-backed securities saw most improvement; asset-backed ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 4,486 16 13.62
2 Citi 4,347 16 13.20
3 Lloyds Bank 3,158 6 9.59
4 Morgan Stanley 3,066 8 9.31
5 Bank of America Merrill Lynch (BAML) 2,771 10 8.42

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 59,877.90 198 10.54%
2 JPMorgan 52,821.03 158 9.30%
3 Wells Fargo Securities 42,153.78 123 7.42%
4 Bank of America Merrill Lynch 41,657.82 137 7.33%
5 Credit Suisse 38,698.59 123 6.81%