Underwriting league tables for asset-backed securities for the year through July 19, 2018
Credit Card ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 3,890.9 | 1 | 19.4 | 8 |
RBC Capital Markets | 2,878.1 | 2 | 14.4 | 15 |
Barclays | 2,638.6 | 3 | 13.2 | 8 |
Citigroup Global Markets, Inc. | 2,437.9 | 4 | 12.2 | 12 |
Wells Fargo Securities, LLC | 2,051.5 | 5 | 10.2 | 13 |
Mizuho Securities Co., Ltd. | 1,850.1 | 6 | 9.2 | 8 |
JP Morgan Securities Inc. | 950.6 | 7 | 4.7 | 6 |
Mitsubishi UFJ Securities Co., Ltd. | 776.7 | 8 | 3.9 | 3 |
Societe Generale Corporate & Investment Banking | 772.1 | 9 | 3.9 | 4 |
TD Securities Inc. | 699.7 | 10 | 3.5 | 5 |
SMBC Nikko Securities America, Inc. | 250.0 | 11 | 1.2 | 1 |
BMO Capital Markets Corp. | 211.6 | 12 | 1.1 | 1 |
Lloyds TSB Corporate Markets | 200.0 | 13 | 1.0 | 2 |
CIBC World Markets Inc. | 142.8 | 14* | 0.7 | 2 |
HSBC Securities, Inc. | 142.8 | 14* | 0.7 | 2 |
Morgan Stanley & Co. Incorporated | 100.0 | 16 | 0.5 | 1 |
BNP Paribas | 24.0 | 17* | 0.1 | 1 |
Santander Investment Securities, Inc. | 24.0 | 17* | 0.1 | 1 |
Industry Total | 20,041.4 | - | 100.0 | 28 |
Source: SourceMedia
Auto ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 6,752.2 | 1 | 8.9 | 19 |
Citigroup Global Markets, Inc. | 6,617.2 | 2 | 8.7 | 29 |
JP Morgan Securities Inc. | 6,504.1 | 3 | 8.5 | 26 |
Barclays | 6,411.3 | 4 | 8.4 | 22 |
RBC Capital Markets | 6,227.7 | 5 | 8.2 | 20 |
Wells Fargo Securities, LLC | 5,617.4 | 6 | 7.4 | 28 |
Deutsche Bank Securities, Inc. | 5,546.7 | 7 | 7.3 | 24 |
Mitsubishi UFJ Securities Co., Ltd. | 5,351.4 | 8 | 7.0 | 17 |
Mizuho Securities Co., Ltd. | 4,425.9 | 9 | 5.8 | 15 |
Credit Suisse Securities (USA) LLC | 3,606.3 | 10 | 4.7 | 14 |
Societe Generale Corporate & Investment Banking | 3,494.7 | 11 | 4.6 | 12 |
BNP Paribas | 3,145.6 | 12 | 4.1 | 12 |
Lloyds TSB Corporate Markets | 2,242.7 | 13 | 2.9 | 9 |
BMO Capital Markets Corp. | 2,134.8 | 14 | 2.8 | 11 |
SMBC Nikko Securities America, Inc. | 1,870.2 | 15 | 2.5 | 6 |
TD Securities Inc. | 1,673.4 | 16 | 2.2 | 6 |
Credit Agricole Securities (USA) Inc. | 966.3 | 17 | 1.3 | 3 |
HSBC Securities, Inc. | 723.7 | 18 | 0.9 | 4 |
Santander Investment Securities, Inc. | 543.5 | 19 | 0.7 | 3 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 451.1 | 20 | 0.6 | 2 |
Goldman Sachs & Co. | 437.2 | 21 | 0.6 | 1 |
Scotia Capital Inc. | 428.0 | 22 | 0.6 | 3 |
Natixis SA | 392.7 | 23 | 0.5 | 2 |
Morgan Stanley & Co. Incorporated | 198.4 | 24 | 0.3 | 1 |
Guggenheim Securities, LLC | 160.0 | 25 | 0.2 | 1 |
Fifth Third Securities, Inc. | 150.0 | 26 | 0.2 | 1 |
KeyBanc Capital Markets | 114.0 | 27 | 0.1 | 1 |
Industry Total | 76,186.5 | - | 100.0 | 89 |
Source: SourceMedia
Student Loan ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Goldman Sachs & Co. | 2,768.9 | 1 | 20.7 | 13 |
JP Morgan Securities Inc. | 2,049.7 | 2 | 15.3 | 10 |
Deutsche Bank Securities, Inc. | 1,565.5 | 3 | 11.7 | 4 |
RBC Capital Markets | 1,467.8 | 4 | 11.0 | 11 |
Bank of America Merrill Lynch | 1,458.7 | 5 | 10.9 | 9 |
Credit Suisse Securities (USA) LLC | 1,250.3 | 6 | 9.3 | 10 |
Barclays | 1,101.9 | 7 | 8.2 | 9 |
Citigroup Global Markets, Inc. | 531.8 | 8 | 4.0 | 5 |
BMO Capital Markets Corp. | 373.4 | 9 | 2.8 | 3 |
Wells Fargo Securities, LLC | 285.3 | 10 | 2.1 | 2 |
Morgan Stanley & Co. Incorporated | 217.2 | 11 | 1.6 | 1 |
Jefferies & Company, Inc. | 167.0 | 12 | 1.2 | 1 |
Cantor Fitzgerald | 79.0 | 13 | 0.6 | 1 |
Guggenheim Securities, LLC | 58.4 | 14 | 0.4 | 1 |
Industry Total | 13,375.0 | - | 100.0 | 22 |
Source: SourceMedia
CLOs
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Citigroup Global Markets, Inc. | 26,650.5 | 1 | 29.2 | 49 |
Bank of America Merrill Lynch | 7,954.2 | 2 | 8.7 | 16 |
Morgan Stanley & Co. Incorporated | 7,643.1 | 3 | 8.4 | 14 |
Jefferies & Company, Inc. | 7,145.2 | 4 | 7.8 | 15 |
JP Morgan Securities Inc. | 6,937.0 | 5 | 7.6 | 14 |
Credit Suisse Securities (USA) LLC | 5,146.2 | 6 | 5.6 | 9 |
Natixis SA | 5,027.8 | 7 | 5.5 | 11 |
Goldman Sachs & Co | 4,631.6 | 8 | 5.1 | 9 |
Barclays | 4,434.8 | 9 | 4.9 | 9 |
Deutsche Bank Securities, Inc. | 4,056.0 | 10 | 4.4 | 8 |
Wells Fargo Securities, LLC | 2,737.5 | 11 | 3.0 | 8 |
BNP Paribas | 2,592.3 | 12 | 2.8 | 5 |
GreensLedge Capital Markets LLC | 2,012.7 | 13 | 2.2 | 6 |
RBC Capital Markets | 1,172.9 | 14 | 1.3 | 2 |
Mizuho Securities Co., Ltd. | 890.6 | 15 | 1.0 | 2 |
Amherst Pierpont Securities | 803.0 | 16 | .9 | 2 |
Mitsubishi UFJ Securities Co., Ltd. | 718.0 | 17 | .8 | 2 |
Nomura Securities International, Inc. | 702.1 | 18 | .8 | 3 |
Guggenheim Securities, LLC | 124.9 | 19 | .1 | 1 |
Industry Total | 91,380.4 | - | 100.0 | 180 |
Source: Thomson Reuters
Residential MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 5,621.0 | 1 | 22.4 | 18 |
Wells Fargo Securities, LLC | 5,094.5 | 2 | 20.3 | 20 |
Deutsche Bank Securities, Inc. | 2,847.6 | 3 | 11.4 | 10 |
Morgan Stanley & Co. Incorporated | 1,766.8 | 4 | 7.1 | 8 |
Credit Suisse Securities (USA) LLC | 1,738.8 | 5 | 6.9 | 11 |
Citigroup Global Markets, Inc. | 1,592.8 | 6 | 6.4 | 10 |
Bank of America Merrill Lynch | 1,478.3 | 7 | 5.9 | 8 |
Nomura Securities International, Inc. | 1,246.5 | 8 | 5.0 | 6 |
Raymond James & Associates | 1,201.0 | 9 | 4.8 | 4 |
Amherst Pierpont Securities | 992.5 | 10 | 4.0 | 7 |
Goldman Sachs & Co. | 669.1 | 11 | 2.7 | 3 |
HSBC Securities, Inc. | 243.9 | 12 | 1.0 | 1 |
Performance Trust Capital Partners, LLC | 155.9 | 13* | 0.6 | 1 |
Sandler O'Neill + Partners, L.P. | 155.9 | 13* | 0.6 | 1 |
Barclays | 147.7 | 15 | 0.6 | 1 |
KGS-Alpha Real Estate Capital Markets LLC | 104.6 | 16 | 0.4 | 1 |
Industry Total | 25,056.9 | - | 100.0 | 47 |
Source: SourceMedia
Commercial MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Citigroup Global Markets, Inc. | 5,340 | 1 | 14.4 | 16 |
Deutsche Bank Securities, Inc. | 5,215 | 2 | 14.1 | 18 |
Wells Fargo Securities, LLC | 4,811 | 3 | 13.0 | 14 |
JP Morgan Securities Inc. | 3,844 | 4 | 10.4 | 13 |
Barclays | 3,111 | 5 | 8.4 | 11 |
Goldman Sachs & Co. | 2,816 | 6 | 7.6 | 8 |
Bank of America Merrill Lynch | 2,158 | 7 | 5.8 | 8 |
Morgan Stanley & Co. Incorporated | 2,042 | 8 | 5.5 | 7 |
UBS Securities LLC | 1,361 | 9 | 3.7 | 5 |
Credit Suisse Securities (USA) LLC | 1,292 | 10 | 3.5 | 5 |
Societe Generale Corporate & Investment Banking | 1,230 | 11 | 3.3 | 5 |
Cantor Fitzgerald | 1,216 | 12 | 3.3 | 5 |
Natixis SA | 1,134 | 13 | 3.1 | 5 |
Drexel Hamilton LLC | 973 | 14 | 2.6 | 3 |
Guggenheim Securities, LLC | 375 | 15 | 1.0 | 1 |
Academy Securities Inc | 132 | 16 | 0.4 | 1 |
Industry Total | 37,051.2 | - | 100.0 | 54 |
Source: SourceMedia