Latest Securitization People & Markets news

  • Capping US student loans could boost ABS, says DBRS

    The Promoting Real Opportunity, Success and Prosperity through Education Reform (PROSPER) Act, which proposes capping federally guaranteed student loans and removing loan forgiveness from income-based repayment (IBR) plans, could benefit lenders and increase student loan ABS volume, said DBRS in a midweek research note.

    • 13 Dec 2017
  • FNBT to launch online small biz lending platform

    First National Bank and Trust (FNBT) has announced a partnership with RCGILTNER Services to launch a digital lending platform for small business borrowers in the first quarter of 2018.

    • 13 Dec 2017
  • Cleveland Fed responds to P2P research criticism

    Dr Loretta Mester, president of the Cleveland Federal Reserve, has denied that the release of a controversial research paper comparing peer-to-peer (P2P) lending to the pre-crisis subprime mortgage industry was aimed at disrupting the passage of lender friendly legislation proposed by congressman Patrick McHenry.

    • 12 Dec 2017
  • OnDeck grows finance team with balance sheet experts

    Online small business lender OnDeck has hired a pair of senior executives with expertise in asset disposal strategy and balance sheet optimization.

    • 12 Dec 2017
  • Green ABS ripens with PACE secondary growth

    An active secondary market has sprouted in the residential Property Assessed Clean Energy (PACE) ABS sector after two years of watershed growth. A growing volume of tradeable assets is expected in 2018. But the outlook is not so rosy for every area of green securitization, writes Sasha Padbidri.

    • 07 Dec 2017
  • No recession ahead, but expect rate hikes, says BAML

    Research analysts at Bank of America Merrill Lynch's 2018 market outlook answered fears in US securitization markets about increasing overall loss rates on recent loan vintages across various consumer credit sectors – and a rush by some lenders to readjust loss expectations – by dismissing fears of a recession.

    • 05 Dec 2017
  • CFPB turmoil could unravel Cordray-era protections

    The leadership tussle at the Consumer Financial Protection Bureau (CFPB) threatens to muzzle the watchdog or even have it put down. Many in the securitization industry would welcome that, but this newspaper is not so keen to bid farewell to Main Street's best friend just yet.

    • 28 Nov 2017
  • Industry eyes carving SPVs out of clearing

    European member states could keep securitization and covered bond SPVs out of clearing and margin requirements, according to a draft European Market Infrastructure Regulation (EMIR) compromise published last week.

    • 23 Nov 2017
  • CFPB slaps Citi with fine for deceptive student loan servicing

    The Consumer Financial Protection Bureau (CFPB) has ordered Citi to pay $6.5m for private student loan servicing “failures”, which includes a fine and a refund to affected borrowers.

    • 22 Nov 2017
  • SFIG government relations chair heads to Ally

    Ally Financial has tapped Morgan Stanley alumnus and Structured Finance Industry Group (SFIG) government relations co-chair Josh Wilsusen to lead its policy strategy outreach in Washington, DC.

    • 21 Nov 2017

Securitization people & markets news archive


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  • Outsourcing student loan servicing won’t erase problems

    The student loan servicing infrastructure in the US is ripe for an overhaul. But the Department of Education’s (DoE) plan to outsource student loan servicing to big tech and big finance may not erase all of the existing problems.

    • 05 Dec 2017

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Capital markets data from GlobalCapital

Go to GlobalCapital's Securitization data pages for our dealflow database, plus details of priced European and US CLOs and structured finance bookrunner league tables.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 120,126.76 346 12.85%
2 Bank of America Merrill Lynch 99,988.41 288 10.70%
3 Wells Fargo Securities 88,516.28 265 9.47%
4 JPMorgan 69,113.88 208 7.39%
5 Credit Suisse 51,313.00 155 5.49%