Underwriting league tables of asset-backed securities through April 6, 2023
4.6.23 ABS League Tables
CREDIT CARD ABS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 894.7 | 1* | 33.3 | 2 |
Mitsubishi UFJ Securities Co., Ltd. | 478.0 | 2* | 17.8 | 1 |
Societe Generale Corporate & Investment Banking | 478.0 | 2* | 17.8 | 1 |
Citigroup Global Markets, Inc. | 416.7 | 3* | 15.5 | 1 |
RBC Capital Markets | 416.7 | 3* | 15.5 | 1 |
Industry Total | 2,684.1 | - | 100.0 | 2 |
AUTO ABS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 3,510.2 | 1 | 9.3 | 18 |
Mizuho Securities Co., Ltd. | 3,497.6 | 2 | 9.3 | 12 |
Wells Fargo Securities, LLC | 3,047.9 | 3 | 8.1 | 12 |
Bank of America Merrill Lynch | 2,752.3 | 4 | 7.3 | 11 |
Deutsche Bank Securities, Inc. | 2,535.1 | 5 | 6.7 | 10 |
BNP Paribas | 2,405.3 | 6 | 6.4 | 9 |
Citigroup Global Markets, Inc. | 2,250.7 | 7 | 6.0 | 11 |
RBC Capital Markets | 2,078.7 | 8 | 5.5 | 11 |
BMO Capital Markets Corp. | 1,934.8 | 9 | 5.1 | 9 |
Barclays | 1,916.8 | 10 | 5.1 | 11 |
TD Securities Inc. | 1,520.5 | 11 | 4.0 | 6 |
Societe Generale Corporate & Investment Banking | 1,483.2 | 12 | 3.9 | 6 |
SMBC Nikko Securities America, Inc. | 1,121.3 | 13 | 3.0 | 4 |
Mitsubishi UFJ Securities Co., Ltd. | 1,067.6 | 14 | 2.8 | 4 |
Credit Agricole Securities (USA) Inc. | 922.1 | 15 | 2.5 | 6 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 848.6 | 16 | 2.3 | 7 |
HSBC Securities, Inc. | 658.7 | 17 | 1.8 | 3 |
Lloyds TSB Corporate Markets | 639.4 | 18 | 1.7 | 2 |
Scotia Capital Inc. | 608.8 | 19 | 1.6 | 4 |
Morgan Stanley & Co. Incorporated | 506.1 | 20 | 1.3 | 3 |
Credit Suisse Securities (USA) LLC | 435.1 | 21 | 1.2 | 3 |
Lloyds Securities | 397.5 | 22 | 1.1 | 1 |
Santander Investment Securities, Inc. | 378.2 | 23 | 1.0 | 2 |
Amherst Pierpont Securities | 349.3 | 24 | 0.9 | 1 |
Capital One Securities Inc | 251.3 | 25 | 0.7 | 3 |
Academy Securities Inc | 181.9 | 26* | 0.5 | 1 |
CIBC World Markets Inc. | 181.9 | 26* | 0.5 | 1 |
Goldman Sachs & Co. | 94.0 | 27 | 0.3 | 1 |
Industry Total | 37,574.6 | - | 100.0 | 43 |
STUDENT LOAN ABS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 115.8 | 1* | 20.0 | 1 |
Barclays | 115.8 | 1* | 20.0 | 1 |
Goldman Sachs & Co. | 115.8 | 1* | 20.0 | 1 |
JP Morgan Securities Inc. | 115.8 | 1* | 20.0 | 1 |
RBC Capital Markets | 115.8 | 1* | 20.0 | 1 |
Industry Total | 579.0 | - | 100.0 | 1 |
CDOs | ||||
N/A | ||||
RESIDENTIAL MBS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 1,826.9 | 1 | 11.2 | 9 |
Morgan Stanley & Co. Incorporated | 1,756.7 | 2 | 10.8 | 11 |
Barclays | 1,686.8 | 3 | 10.3 | 15 |
Nomura Securities International, Inc. | 1,550.3 | 4 | 9.5 | 16 |
Goldman Sachs & Co. | 1,550.1 | 5 | 9.5 | 14 |
HSBC Securities, Inc. | 1,289.9 | 6* | 7.9 | 1 |
Lloyds Bank Corporate Markets plc | 1,289.9 | 6* | 7.9 | 1 |
Wells Fargo Securities, LLC | 1,080.1 | 7 | 6.6 | 9 |
Deutsche Bank Securities, Inc. | 839.6 | 8 | 5.1 | 7 |
Bank of America Merrill Lynch | 765.0 | 9 | 4.7 | 7 |
Cantor Fitzgerald | 623.6 | 10 | 3.8 | 5 |
Natixis SA | 395.9 | 11 | 2.4 | 3 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 284.0 | 12 | 1.7 | 3 |
Raymond James & Associates | 279.2 | 13 | 1.7 | 3 |
Citigroup Global Markets, Inc. | 276.4 | 14 | 1.7 | 3 |
Credit Suisse Securities (USA) LLC | 217.6 | 15 | 1.3 | 3 |
Drexel Hamilton LLC | 166.7 | 16* | 1.0 | 2 |
Loop Capital Markets LLC | 166.7 | 16* | 1.0 | 2 |
BMO Capital Markets Corp. | 101.3 | 17 | 0.6 | 1 |
RBC Capital Markets | 90.3 | 18 | 0.6 | 1 |
KeyBanc Capital Markets | 82.4 | 19 | 0.5 | 1 |
Industry Total | 16,319.2 | - | 100.0 | 36 |
COMMERCIAL MBS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Goldman Sachs & Co. | 1,744.0 | 1 | 13.4 | 6 |
Wells Fargo Securities, LLC | 1,518.6 | 2 | 11.7 | 5 |
Barclays | 1,392.4 | 3 | 10.7 | 5 |
Deutsche Bank Securities, Inc. | 1,275.4 | 4 | 9.8 | 5 |
Citigroup Global Markets, Inc. | 1,085.7 | 5 | 8.3 | 5 |
JP Morgan Securities Inc. | 982.4 | 6 | 7.6 | 4 |
Morgan Stanley & Co. Incorporated | 930.5 | 7 | 7.2 | 5 |
BMO Capital Markets Corp. | 911.0 | 8 | 7.0 | 4 |
Bank of America Merrill Lynch | 628.8 | 9 | 4.8 | 3 |
SunTrust Robinson Humphrey Capital Markets (FKA: S | 501.9 | 10 | 3.9 | 5 |
Credit Suisse Securities (USA) LLC | 471.5 | 11 | 3.6 | 2 |
RBC Capital Markets | 347.2 | 12 | 2.7 | 2 |
Mitsubishi UFJ Securities Co., Ltd. | 301.7 | 13 | 2.3 | 2 |
ING Bank N.V. | 256.8 | 14 | 2.0 | 2 |
Natixis SA | 231.0 | 15 | 1.8 | 1 |
KeyBanc Capital Markets | 137.5 | 16 | 1.1 | 1 |
TD Securities Inc. | 123.3 | 17 | 0.9 | 1 |
PNC Capital Markets, Inc. | 87.2 | 18 | 0.7 | 1 |
Guggenheim Securities, LLC | 41.7 | 19* | 0.3 | 1 |
SMBC Nikko Securities America, Inc. | 41.7 | 19* | 0.3 | 1 |
Industry Total | 13,010.3 | - | 100.0 | 19 |
Source: LSEG