Underwriting league tables of asset-backed securities through June 22, 2023
6.22.23 ABS League Tables
CREDIT CARD ABS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
RBC Capital Markets | 2,148.2 | 1 | 23.0 | 7 |
Bank of America Merrill Lynch | 1,644.7 | 2 | 17.6 | 4 |
Barclays | 1,562.2 | 3 | 16.7 | 4 |
Wells Fargo Securities, LLC | 957.7 | 4 | 10.3 | 3 |
Citigroup Global Markets, Inc. | 833.4 | 5 | 8.9 | 2 |
Mizuho Securities Co., Ltd. | 619.1 | 6 | 6.6 | 2 |
Mitsubishi UFJ Securities Co., Ltd. | 478.0 | 7* | 5.1 | 1 |
Societe Generale Corporate & Investment Banking | 478.0 | 7* | 5.1 | 1 |
JP Morgan Securities Inc. | 400.0 | 8 | 4.3 | 1 |
BNP Paribas | 71.3 | 9* | 0.8 | 1 |
CIBC World Markets Inc. | 71.3 | 9* | 0.8 | 1 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 71.3 | 9* | 0.8 | 1 |
Industry Total | 9,335.1 | - | 100.0 | 11 |
AUTO ABS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 6,947.8 | 1 | 10.7 | 33 |
Wells Fargo Securities, LLC | 6,195.9 | 2 | 9.5 | 28 |
Bank of America Merrill Lynch | 4,998.0 | 3 | 7.7 | 22 |
Citigroup Global Markets, Inc. | 4,867.3 | 4 | 7.5 | 22 |
Mizuho Securities Co., Ltd. | 4,726.8 | 5 | 7.3 | 16 |
Barclays | 4,210.0 | 6 | 6.5 | 21 |
Deutsche Bank Securities, Inc. | 3,822.4 | 7 | 5.9 | 18 |
BNP Paribas | 3,141.1 | 8 | 4.8 | 15 |
TD Securities Inc. | 2,987.0 | 9 | 4.6 | 11 |
RBC Capital Markets | 2,791.5 | 10 | 4.3 | 15 |
Societe Generale Corporate & Investment Banking | 2,768.2 | 11 | 4.3 | 12 |
Mitsubishi UFJ Securities Co., Ltd. | 2,356.3 | 12 | 3.6 | 10 |
BMO Capital Markets Corp. | 2,322.3 | 13 | 3.6 | 11 |
Credit Agricole Securities (USA) Inc. | 2,111.5 | 14 | 3.2 | 11 |
Santander Investment Securities, Inc. | 1,818.8 | 15 | 2.8 | 7 |
Lloyds TSB Corporate Markets | 1,766.8 | 16 | 2.7 | 6 |
SMBC Nikko Securities America, Inc. | 1,409.9 | 17 | 2.2 | 6 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 973.9 | 18 | 1.5 | 9 |
Credit Suisse Securities (USA) LLC | 805.7 | 19 | 1.2 | 5 |
HSBC Securities, Inc. | 658.7 | 20 | 1.0 | 3 |
Scotia Capital Inc. | 608.8 | 21 | 0.9 | 4 |
Capital One Securities Inc | 524.9 | 22 | 0.8 | 5 |
Morgan Stanley & Co. Incorporated | 506.1 | 23 | 0.8 | 3 |
Lloyds Securities | 397.5 | 24 | 0.6 | 1 |
Amherst Pierpont Securities | 349.3 | 25 | 0.5 | 1 |
Goldman Sachs & Co. | 328.1 | 26 | 0.5 | 3 |
Mischler Financial Group Inc | 324.2 | 27 | 0.5 | 1 |
Academy Securities Inc | 181.9 | 28* | 0.3 | 1 |
CIBC World Markets Inc. | 181.9 | 28* | 0.3 | 1 |
Industry Total | 65,082.5 | - | 100.0 | 80 |
STUDENT LOAN ABS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 2,572.4 | 1 | 68.1 | 4 |
Barclays | 496.4 | 2 | 13.1 | 3 |
JP Morgan Securities Inc. | 295.3 | 3* | 7.8 | 2 |
RBC Capital Markets | 295.3 | 3* | 7.8 | 2 |
Goldman Sachs & Co. | 115.8 | 4* | 3.1 | 1 |
Industry Total | 3,775.2 | - | 100.0 | 4 |
CDOs | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 9,232.7 | 1 | 15.5 | 23 |
Citigroup Global Markets, Inc. | 6,503.7 | 2 | 10.9 | 17 |
JP Morgan Securities Inc. | 6,313.1 | 3 | 10.6 | 16 |
Goldman Sachs & Co. | 6,175.9 | 4 | 10.4 | 15 |
BNP Paribas | 5,048.8 | 5 | 8.5 | 11 |
Morgan Stanley & Co. Incorporated | 4,152.0 | 6 | 7.0 | 10 |
Natixis SA | 3,582.5 | 7 | 6.0 | 9 |
RBC Capital Markets | 2,811.7 | 8 | 4.7 | 7 |
Wells Fargo Securities, LLC | 2,519.9 | 9 | 4.2 | 6 |
Barclays | 2,195.3 | 10 | 3.7 | 5 |
Mitsubishi UFJ Securities Co., Ltd. | 1,568.8 | 11 | 2.6 | 4 |
Deutsche Bank Securities, Inc. | 1,553.3 | 12 | 2.6 | 5 |
Nomura Securities International, Inc. | 1,391.8 | 13 | 2.3 | 3 |
Jefferies & Company, Inc. | 1,276.8 | 14 | 2.1 | 4 |
GreensLedge Capital Markets LLC | 1,245.7 | 15 | 2.1 | 5 |
Societe Generale Corporate & Investment Banking | 983.1 | 16 | 1.7 | 2 |
Credit Suisse Securities (USA) LLC | 808.4 | 17 | 1.4 | 2 |
SMBC Nikko Securities America, Inc. | 681.2 | 18 | 1.1 | 2 |
Mizuho Securities Co., Ltd. | 556.2 | 19 | 0.9 | 2 |
Raymond James & Associates | 393.8 | 20 | 0.7 | 2 |
KeyBanc Capital Markets | 282.0 | 21 | 0.5 | 2 |
ING Bank N.V. | 134.8 | 22* | 0.2 | 1 |
Standard Chartered PLC | 134.8 | 22* | 0.2 | 1 |
Industry Total | 59,546.3 | - | 100.0 | 135 |
RESIDENTIAL MBS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 3,238.4 | 1 | 12.0 | 15 |
Barclays | 3,039.4 | 2 | 11.3 | 23 |
Morgan Stanley & Co. Incorporated | 2,712.1 | 3 | 10.1 | 18 |
Goldman Sachs & Co. | 2,555.3 | 4 | 9.5 | 20 |
Wells Fargo Securities, LLC | 2,280.3 | 5 | 8.5 | 14 |
Nomura Securities International, Inc. | 2,067.6 | 6 | 7.7 | 20 |
Bank of America Merrill Lynch | 1,967.8 | 7 | 7.3 | 9 |
Cantor Fitzgerald | 1,327.9 | 8 | 4.9 | 7 |
HSBC Securities, Inc. | 1,289.9 | 9* | 4.8 | 1 |
Lloyds Bank Corporate Markets plc | 1,289.9 | 9* | 4.8 | 1 |
Deutsche Bank Securities, Inc. | 1,113.2 | 10 | 4.1 | 10 |
Citigroup Global Markets, Inc. | 670.4 | 11 | 2.5 | 4 |
Natixis SA | 651.8 | 12 | 2.4 | 6 |
Raymond James & Associates | 614.6 | 13 | 2.3 | 6 |
Drexel Hamilton LLC | 385.7 | 14* | 1.4 | 4 |
Loop Capital Markets LLC | 385.7 | 14* | 1.4 | 4 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 378.8 | 15 | 1.4 | 4 |
BMO Capital Markets Corp. | 237.1 | 16 | 0.9 | 2 |
Credit Suisse Securities (USA) LLC | 217.6 | 17 | 0.8 | 3 |
BNP Paribas | 129.9 | 18 | 0.5 | 1 |
Santander Investment Securities, Inc. | 100.2 | 19 | 0.4 | 1 |
Mizuho Securities Co., Ltd. | 94.8 | 20 | 0.4 | 1 |
RBC Capital Markets | 90.3 | 21 | 0.3 | 1 |
KeyBanc Capital Markets | 82.4 | 22 | 0.3 | 1 |
Industry Total | 26,921.0 | - | 100.0 | 57 |
COMMERCIAL MBS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Goldman Sachs & Co. | 2,279.6 | 1 | 10.7 | 9 |
Wells Fargo Securities, LLC | 2,253.1 | 2 | 10.6 | 8 |
Deutsche Bank Securities, Inc. | 2,204.3 | 3 | 10.4 | 10 |
Barclays | 2,146.1 | 4 | 10.1 | 9 |
Citigroup Global Markets, Inc. | 1,978.0 | 5 | 9.3 | 10 |
BMO Capital Markets Corp. | 1,747.1 | 6 | 8.2 | 8 |
JP Morgan Securities Inc. | 1,729.0 | 7 | 8.1 | 7 |
Morgan Stanley & Co. Incorporated | 1,599.5 | 8 | 7.5 | 8 |
Bank of America Merrill Lynch | 1,152.2 | 9 | 5.4 | 5 |
SunTrust Robinson Humphrey Capital Markets (FKA: S | 577.4 | 10 | 2.7 | 6 |
Societe Generale Corporate & Investment Banking | 493.3 | 11 | 2.3 | 2 |
UBS Securities LLC | 481.3 | 12 | 2.3 | 2 |
Credit Suisse Securities (USA) LLC | 471.5 | 13 | 2.2 | 2 |
KeyBanc Capital Markets | 465.3 | 14 | 2.2 | 3 |
RBC Capital Markets | 347.2 | 15 | 1.6 | 2 |
Mitsubishi UFJ Securities Co., Ltd. | 301.7 | 16 | 1.4 | 2 |
Capital One Securities Inc | 274.0 | 17 | 1.3 | 1 |
ING Bank N.V. | 256.8 | 18 | 1.2 | 2 |
Natixis SA | 231.0 | 19 | 1.1 | 1 |
TD Securities Inc. | 123.3 | 20 | 0.6 | 1 |
PNC Capital Markets, Inc. | 87.2 | 21 | 0.4 | 1 |
Guggenheim Securities, LLC | 41.7 | 22* | 0.2 | 1 |
SMBC Nikko Securities America, Inc. | 41.7 | 22* | 0.2 | 1 |
Industry Total | 21,282.3 | - | 100.0 | 31 |
Source: LSEG