Underwriting league tables of asset-backed securities through August 24, 2023
8.24.23 ABS League Tables
CREDIT CARD ABS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 2,311.3 | 1 | 20.4 | 6 |
RBC Capital Markets | 2,148.2 | 2 | 19.0 | 7 |
Barclays | 1,895.5 | 3 | 16.7 | 5 |
Wells Fargo Securities, LLC | 1,291.0 | 4 | 11.4 | 4 |
Mizuho Securities Co., Ltd. | 952.4 | 5 | 8.4 | 3 |
Citigroup Global Markets, Inc. | 833.4 | 6 | 7.4 | 2 |
JP Morgan Securities Inc. | 733.3 | 7 | 6.5 | 2 |
Mitsubishi UFJ Securities Co., Ltd. | 478.0 | 8* | 4.2 | 1 |
Societe Generale Corporate & Investment Banking | 478.0 | 8* | 4.2 | 1 |
BNP Paribas | 71.3 | 9* | 0.6 | 1 |
CIBC World Markets Inc. | 71.3 | 9* | 0.6 | 1 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 71.3 | 9* | 0.6 | 1 |
Industry Total | 11,334.9 | - | 100.0 | 13 |
AUTO ABS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
JP Morgan Securities Inc. | 9,616.7 | 1 | 10.2 | 43 |
Wells Fargo Securities, LLC | 9,224.3 | 2 | 9.8 | 39 |
Bank of America Merrill Lynch | 7,826.3 | 3 | 8.3 | 29 |
Citigroup Global Markets, Inc. | 6,910.5 | 4 | 7.4 | 31 |
Mizuho Securities Co., Ltd. | 6,158.1 | 5 | 6.6 | 21 |
Deutsche Bank Securities, Inc. | 5,211.8 | 6 | 5.6 | 25 |
Barclays | 5,106.2 | 7 | 5.4 | 24 |
BNP Paribas | 4,940.2 | 8 | 5.3 | 21 |
Societe Generale Corporate & Investment Banking | 4,455.0 | 9 | 4.7 | 17 |
RBC Capital Markets | 4,256.1 | 10 | 4.5 | 19 |
TD Securities Inc. | 4,191.6 | 11 | 4.5 | 14 |
Mitsubishi UFJ Securities Co., Ltd. | 3,826.6 | 12 | 4.1 | 14 |
BMO Capital Markets Corp. | 3,812.4 | 13 | 4.1 | 16 |
Santander Investment Securities, Inc. | 2,695.5 | 14 | 2.9 | 10 |
Credit Agricole Securities (USA) Inc. | 2,676.1 | 15 | 2.9 | 13 |
SMBC Nikko Securities America, Inc. | 2,560.9 | 16 | 2.7 | 9 |
Lloyds TSB Corporate Markets | 2,016.8 | 17 | 2.1 | 7 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 1,233.7 | 18 | 1.3 | 9 |
Morgan Stanley & Co. Incorporated | 1,131.1 | 19 | 1.2 | 5 |
Goldman Sachs & Co. | 1,080.1 | 20 | 1.2 | 6 |
Scotia Capital Inc. | 994.6 | 21 | 1.1 | 5 |
Credit Suisse Securities (USA) LLC | 805.7 | 22 | 0.9 | 5 |
Capital One Securities Inc | 770.8 | 23 | 0.8 | 7 |
HSBC Securities, Inc. | 658.7 | 24 | 0.7 | 3 |
CIBC World Markets Inc. | 450.8 | 25 | 0.5 | 2 |
Lloyds Securities | 397.5 | 26 | 0.4 | 1 |
Amherst Pierpont Securities | 349.3 | 27 | 0.4 | 1 |
Mischler Financial Group Inc | 324.2 | 28 | 0.3 | 1 |
Academy Securities Inc | 181.9 | 29 | 0.2 | 1 |
Industry Total | 93,863.4 | - | 100.0 | 112 |
STUDENT LOAN ABS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 2,761.7 | 1 | 63.6 | 5 |
Barclays | 685.7 | 2 | 15.8 | 4 |
Goldman Sachs & Co. | 305.1 | 3 | 7.0 | 2 |
JP Morgan Securities Inc. | 295.3 | 4* | 6.8 | 2 |
RBC Capital Markets | 295.3 | 4* | 6.8 | 2 |
Industry Total | 4,343.2 | - | 100.0 | 5 |
CDOs | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Bank of America Merrill Lynch | 10,893.1 | 1 | 13.3 | 27 |
JP Morgan Securities Inc. | 10,134.5 | 2 | 12.4 | 25 |
Citigroup Global Markets, Inc. | 9,465.1 | 3 | 11.6 | 24 |
Goldman Sachs & Co. | 8,355.7 | 4 | 10.2 | 21 |
Morgan Stanley & Co. Incorporated | 6,619.2 | 5 | 8.1 | 15 |
BNP Paribas | 6,240.0 | 6 | 7.6 | 14 |
Wells Fargo Securities, LLC | 4,132.3 | 7 | 5.1 | 11 |
Natixis SA | 4,091.4 | 8 | 5.0 | 10 |
Barclays | 3,776.2 | 9 | 4.6 | 9 |
RBC Capital Markets | 3,678.6 | 10 | 4.5 | 8 |
Societe Generale Corporate & Investment Banking | 2,131.2 | 11 | 2.6 | 4 |
Jefferies & Company, Inc. | 2,071.8 | 12 | 2.5 | 6 |
Mitsubishi UFJ Securities Co., Ltd. | 1,737.6 | 13 | 2.1 | 5 |
Deutsche Bank Securities, Inc. | 1,733.6 | 14 | 2.1 | 6 |
GreensLedge Capital Markets LLC | 1,649.0 | 15 | 2.0 | 6 |
Nomura Securities International, Inc. | 1,391.8 | 16 | 1.7 | 3 |
SMBC Nikko Securities America, Inc. | 880.8 | 17 | 1.1 | 3 |
Credit Suisse Securities (USA) LLC | 808.4 | 18 | 1.0 | 2 |
Mizuho Securities Co., Ltd. | 556.2 | 19 | 0.7 | 2 |
Raymond James & Associates | 393.8 | 20 | 0.5 | 2 |
KeyBanc Capital Markets | 282.0 | 21 | 0.3 | 2 |
Capital One Securities Inc | 199.6 | 22 | 0.2 | 1 |
Scotia Capital Inc. | 168.8 | 23 | 0.2 | 1 |
ING Bank N.V. | 134.8 | 24* | 0.2 | 1 |
Standard Chartered PLC | 134.8 | 24* | 0.2 | 1 |
Industry Total | 81,660.2 | - | 100.0 | 184 |
RESIDENTIAL MBS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Barclays | 3,848.9 | 1 | 11.5 | 30 |
JP Morgan Securities Inc. | 3,735.1 | 2 | 11.2 | 19 |
Goldman Sachs & Co. | 3,692.9 | 3 | 11.1 | 26 |
Morgan Stanley & Co. Incorporated | 3,557.1 | 4 | 10.7 | 24 |
Bank of America Merrill Lynch | 2,775.8 | 5 | 8.3 | 14 |
Wells Fargo Securities, LLC | 2,427.9 | 6 | 7.3 | 15 |
Nomura Securities International, Inc. | 2,379.7 | 7 | 7.1 | 23 |
Cantor Fitzgerald | 1,464.4 | 8 | 4.4 | 8 |
Deutsche Bank Securities, Inc. | 1,351.1 | 9 | 4.1 | 12 |
HSBC Securities, Inc. | 1,289.9 | 10* | 3.9 | 1 |
Lloyds Bank Corporate Markets plc | 1,289.9 | 10* | 3.9 | 1 |
Natixis SA | 799.4 | 11 | 2.4 | 7 |
Raymond James & Associates | 794.4 | 12 | 2.4 | 8 |
Loop Capital Markets LLC | 690.3 | 13 | 2.1 | 7 |
Citigroup Global Markets, Inc. | 670.4 | 14 | 2.0 | 4 |
Drexel Hamilton LLC | 565.5 | 15 | 1.7 | 6 |
Mizuho Securities Co., Ltd. | 453.4 | 16 | 1.4 | 4 |
SunTrust Robinson Humphrey Capital Markets (FKA: SunTrust Capital Markets) | 445.5 | 17 | 1.3 | 5 |
BMO Capital Markets Corp. | 317.2 | 18 | 1.0 | 3 |
Credit Suisse Securities (USA) LLC | 217.6 | 19 | 0.7 | 3 |
BNP Paribas | 210.0 | 20 | 0.6 | 2 |
RBC Capital Markets | 180.6 | 21 | 0.5 | 2 |
Santander Investment Securities, Inc. | 100.2 | 22 | 0.3 | 1 |
KeyBanc Capital Markets | 82.4 | 23 | 0.2 | 1 |
Industry Total | 33,339.5 | - | 100.0 | 75 |
COMMERCIAL MBS | ||||
Book Runner | Amount (US$ Mil) | Rank | Mkt. Share | Number of Issues |
Goldman Sachs & Co. | 5,178.3 | 1 | 16.3 | 20 |
Citigroup Global Markets, Inc. | 3,230.4 | 2 | 10.2 | 18 |
Deutsche Bank Securities, Inc. | 3,227.1 | 3 | 10.1 | 16 |
Morgan Stanley & Co. Incorporated | 3,107.3 | 4 | 9.8 | 16 |
Wells Fargo Securities, LLC | 2,987.7 | 5 | 9.4 | 13 |
Barclays | 2,680.7 | 6 | 8.4 | 13 |
JP Morgan Securities Inc. | 2,393.6 | 7 | 7.5 | 11 |
BMO Capital Markets Corp. | 2,158.3 | 8 | 6.8 | 11 |
Bank of America Merrill Lynch | 1,368.6 | 9 | 4.3 | 6 |
KeyBanc Capital Markets | 723.7 | 10 | 2.3 | 5 |
SunTrust Robinson Humphrey Capital Markets (FKA: S | 696.5 | 11 | 2.2 | 8 |
Credit Suisse Securities (USA) LLC | 625.0 | 12 | 2.0 | 3 |
Societe Generale Corporate & Investment Banking | 621.0 | 13 | 2.0 | 3 |
UBS Securities LLC | 612.0 | 14 | 1.9 | 3 |
Mitsubishi UFJ Securities Co., Ltd. | 423.0 | 15 | 1.3 | 4 |
RBC Capital Markets | 347.2 | 16 | 1.1 | 2 |
Natixis SA | 339.5 | 17 | 1.1 | 2 |
Capital One Securities Inc | 274.0 | 18 | 0.9 | 1 |
ING Bank N.V. | 256.8 | 19 | 0.8 | 2 |
TD Securities Inc. | 244.6 | 20 | 0.8 | 3 |
Guggenheim Securities, LLC | 163.0 | 21 | 0.5 | 3 |
PNC Capital Markets, Inc. | 87.2 | 22 | 0.3 | 1 |
SMBC Nikko Securities America, Inc. | 73.0 | 23 | 0.2 | 2 |
Industry Total | 31,818.7 | - | 100.0 | 48 |
Source: LSEG