Underwriting league tables of asset-backed securities for the year through Sept. 19, 2019
Credit Card ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
RBC Capital Markets | 3,336.7 | 1 | 16.7 | 10 |
Barclays | 2,687.4 | 2 | 13.5 | 9 |
Bank of America Merrill Lynch | 2,524.6 | 3 | 12.6 | 7 |
Citigroup Global Markets, Inc. | 2,408.6 | 4 | 12.1 | 8 |
Wells Fargo Securities, LLC | 2,185.3 | 5 | 10.9 | 8 |
Mitsubishi UFJ Securities Co., Ltd. | 1,255.3 | 6 | 6.3 | 4 |
Credit Suisse Securities (USA) LLC | 951.0 | 7 | 4.8 | 3 |
Mizuho Securities Co., Ltd. | 792.1 | 8 | 4.0 | 4 |
JP Morgan Securities Inc. | 741.0 | 9 | 3.7 | 5 |
TD Securities Inc. | 699.3 | 10 | 3.5 | 3 |
Capital One Securities Inc | 687.5 | 11 | 3.4 | 2 |
Scotia Capital Inc. | 453.2 | 12 | 2.3 | 4 |
Deutsche Bank Securities, Inc. | 391.1 | 13 | 2.0 | 1 |
BMO Capital Markets Corp. | 286.0 | 14 | 1.4 | 3 |
CIBC World Markets Inc. | 140.6 | 15* | 0.7 | 1 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 140.6 | 15* | 0.7 | 1 |
BNP Paribas | 98.5 | 17* | 0.5 | 1 |
Fifth Third Securities, Inc. | 98.5 | 17* | 0.5 | 1 |
SMBC Nikko Securities America, Inc. | 98.5 | 17* | 0.5 | 1 |
Industry Total | 19,975.7 | - | 100.0 | 23 |
Source: Sourcemedia
Auto ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 9,098.3 | 1 | 10.1 | 30 |
Wells Fargo Securities, LLC | 8,467.8 | 2 | 9.4 | 39 |
Citigroup Global Markets, Inc. | 7,624.2 | 3 | 8.4 | 34 |
Barclays | 7,519.3 | 4 | 8.3 | 30 |
Bank of America Merrill Lynch | 6,394.6 | 5 | 7.1 | 22 |
Mizuho Securities Co., Ltd. | 5,708.4 | 6 | 6.3 | 22 |
Mitsubishi UFJ Securities Co., Ltd. | 5,310.5 | 7 | 5.9 | 20 |
RBC Capital Markets | 4,910.3 | 8 | 5.4 | 15 |
Societe Generale Corporate & Investment Banking | 4,774.2 | 9 | 5.3 | 14 |
Deutsche Bank Securities, Inc. | 4,518.5 | 10 | 5.0 | 27 |
TD Securities Inc. | 3,973.3 | 11 | 4.4 | 14 |
SMBC Nikko Securities America, Inc. | 3,851.6 | 12 | 4.3 | 13 |
BNP Paribas | 3,284.8 | 13 | 3.6 | 11 |
Credit Suisse Securities (USA) LLC | 3,238.0 | 14 | 3.6 | 16 |
Lloyds TSB Corporate Markets | 2,989.4 | 15 | 3.3 | 12 |
Credit Agricole Securities (USA) Inc. | 1,983.1 | 16 | 2.2 | 7 |
BMO Capital Markets Corp. | 1,851.5 | 17 | 2.0 | 8 |
HSBC Securities, Inc. | 1,254.0 | 18 | 1.4 | 6 |
Capital One Securities Inc | 737.6 | 19 | 0.8 | 3 |
Santander Investment Securities, Inc. | 632.9 | 20 | 0.7 | 2 |
Goldman Sachs & Co. | 510.0 | 21 | 0.6 | 2 |
Scotia Capital Inc. | 431.4 | 22 | 0.5 | 3 |
Natixis SA | 359.3 | 23 | 0.4 | 3 |
Amherst Pierpont Securities | 217.8 | 24 | 0.2 | 2 |
CIBC World Markets Inc. | 210.8 | 25 | 0.2 | 2 |
SunTrust Robinson Humphrey Capital Markets (FKA: S | 160.6 | 26 | 0.2 | 1 |
NatWest | 131.1 | 27 | 0.1 | 2 |
Morgan Stanley & Co. Incorporated | 129.3 | 28 | 0.1 | 1 |
Citizens Capital Markets, Inc. | 80.5 | 29* | 0.1 | 1 |
Fifth Third Securities, Inc. | 80.5 | 29* | 0.1 | 1 |
Jefferies & Company, Inc. | 73.0 | 31 | 0.1 | 1 |
Industry Total | 90,506.4 | - | 100.0 | 116 |
Source: Sourcemedia
Student Loan ABS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
RBC Capital Markets | 2,262.2 | 1 | 20.1 | 18 |
Barclays | 1,656.7 | 2 | 14.7 | 12 |
JP Morgan Securities Inc. | 1,360.8 | 3 | 12.1 | 10 |
Bank of America Merrill Lynch | 1,240.8 | 4 | 11.0 | 10 |
Goldman Sachs & Co. | 1,112.2 | 5 | 9.9 | 9 |
Credit Suisse Securities (USA) LLC | 714.6 | 6 | 6.4 | 6 |
Citigroup Global Markets, Inc. | 585.3 | 7 | 5.2 | 6 |
BMO Capital Markets Corp. | 516.4 | 8 | 4.6 | 5 |
Wells Fargo Securities, LLC | 467.5 | 9 | 4.2 | 4 |
Bank of America Securities, Inc. | 415.0 | 10 | 3.7 | 3 |
Deutsche Bank Securities, Inc. | 364.4 | 11* | 3.2 | 3 |
Mizuho Securities Co., Ltd. | 364.4 | 11* | 3.2 | 3 |
KeyBanc Capital Markets | 118.2 | 13 | 1.1 | 1 |
Cantor Fitzgerald | 68.9 | 14 | 0.6 | 1 |
Industry Total | 11,247.5 | - | 100.0 | 23 |
Source: Sourcemedia
Residential MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Credit Suisse Securities (USA) LLC | 26,920.8 | 1 | 28.9 | 50 |
JP Morgan Securities Inc. | 15,383.3 | 2 | 16.5 | 23 |
Goldman Sachs & Co. | 12,080.0 | 3 | 13.0 | 18 |
Bank of America Merrill Lynch | 6,924.6 | 4 | 7.4 | 17 |
Nomura Securities International, Inc. | 6,028.2 | 5 | 6.5 | 33 |
Wells Fargo Securities, LLC | 4,428.0 | 6 | 4.8 | 19 |
Morgan Stanley & Co. Incorporated | 3,971.3 | 7 | 4.3 | 17 |
Citigroup Global Markets, Inc. | 2,792.4 | 8 | 3.0 | 17 |
Raymond James & Associates | 2,706.1 | 9 | 2.9 | 12 |
Deutsche Bank Securities, Inc. | 2,090.9 | 10 | 2.2 | 16 |
Barclays | 1,668.5 | 11 | 1.8 | 12 |
Cantor Fitzgerald | 1,646.6 | 12 | 1.8 | 10 |
Stifel Nicolaus Weisel (FKA: Stifel, Nicolaus & Co | 1,383.3 | 13 | 1.5 | 9 |
Performance Trust Capital Partners, LLC | 1,319.8 | 14 | 1.4 | 2 |
Sandler O'Neill + Partners, L.P. | 1,274.7 | 15 | 1.4 | 3 |
Amherst Pierpont Securities | 1,181.8 | 16 | 1.3 | 10 |
Mitsubishi UFJ Securities Co., Ltd. | 526.7 | 17 | 0.6 | 1 |
Mizuho Securities Co., Ltd. | 238.0 | 18 | 0.3 | 1 |
Drexel Hamilton LLC | 127.2 | 19 | 0.1 | 2 |
SMBC Nikko Securities America, Inc. | 116.7 | 20 | 0.1 | 1 |
CastleOak Securities, L.P. | 111.9 | 21 | 0.1 | 2 |
Credit Agricole Securities (USA) Inc. | 107.1 | 22 | 0.1 | 1 |
Guggenheim Securities, LLC | 79.8 | 23 | 0.1 | 1 |
Industry Total | 93,107.7 | - | 100 | 109 |
Source: Sourcemedia
Commercial MBS
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Wells Fargo Securities, LLC | 7,157.5 | 1 | 14.02 | 22 |
Citigroup Global Markets, Inc. | 5,623.4 | 2 | 11.02 | 23 |
JP Morgan Securities Inc. | 4,600.8 | 3 | 9.01 | 16 |
Morgan Stanley & Co. Incorporated | 4,204.5 | 4 | 8.24 | 12 |
Deutsche Bank Securities, Inc. | 4,170.1 | 5 | 8.17 | 17 |
Goldman Sachs & Co. | 4,146.7 | 6 | 8.12 | 16 |
Barclays | 3,514.8 | 7 | 6.89 | 14 |
Credit Suisse Securities (USA) LLC | 3,463.8 | 8 | 6.79 | 10 |
Bank of America Merrill Lynch | 2,697.3 | 9 | 5.28 | 10 |
UBS Securities LLC | 1,903.5 | 10 | 3.73 | 6 |
Cantor Fitzgerald | 1,900.8 | 11 | 3.72 | 7 |
Societe Generale Corporate & Investment Banking | 1,819.5 | 12 | 3.56 | 7 |
Morgan Stanley NA | 1,126.3 | 13 | 2.21 | 3 |
Bank of America Securities, Inc. | 783.3 | 14 | 1.53 | 1 |
Guggenheim Securities, LLC | 579.7 | 15 | 1.14 | 2 |
Natixis SA | 570.2 | 16 | 1.12 | 3 |
Drexel Hamilton LLC | 548.1 | 17 | 1.07 | 3 |
KeyBanc Capital Markets | 437.3 | 18 | 0.86 | 4 |
Amherst Pierpont Securities | 365.9 | 19 | 0.72 | 2 |
Academy Securities Inc | 354.0 | 20 | 0.69 | 3 |
Performance Trust Capital Partners, LLC | 332.3 | 21 | 0.65 | 3 |
Williams Capital Group, L.P. | 139.0 | 22 | 0.27 | 1 |
Sandler O'Neill + Partners, L.P. | 108.9 | 23 | 0.21 | 1 |
BMO Capital Markets Corp., | 83.0 | 24* | 0.16 | 1 |
CIBC World Markets Inc. | 83.0 | 24* | 0.16 | 1 |
Laurentian Bank Securities Inc. | 83.0 | 24* | 0.16 | 1 |
RBC Capital Markets | 83.0 | 24* | 0.16 | 1 |
Scotia Capital Inc. | 83.0 | 24* | 0.16 | 1 |
TD Securities Inc. | 83.0 | 24* | 0.16 | 1 |
Industry Total | 51,045.7 | - | 100.0 | 80 |
Source: Sourcemedia