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JPMorgan Tops Public ABS Rankings

According to figures as of Sept. 29 from the ASR Scorecards database, $55.96 billion in public ABS was issued year-to-date in 2011.

This is an increase from the $44.17 billion recorded the same period last year.

In the preliminary ASR public lead manager rankings, JPMorgan Securities dislodged last year's No. 1 Bank of America Merrill Lynch to capture the top spot with a 15.4% market share and $8.62 billion sold.

Last year, BofA Merrill held the top slot over the same period with a 15.6% market share $6.87 billion sold.

For the preliminary 3Q11 results, BofA Merrill snagged the No. 2 place by selling $8.57 billion and having a 15.3% market share. The bank, which placed first in 2010, sold less last year with $6.87 billion, but had a higher market share of 15.6%, according to the preliminary numbers.

Current third placer in the preliminary results Citigroup Global Markets saw both its market share and volume sold rise to 13.0% from 11.4% and $7.30 billion from $5.03 billion. The bank rose from No. 6 over the same period in 2010.

Deutsche Bank Securities and RBS Securities round out the top 5 in this year's preliminary 3Q11 results. Deutsche Bank sold $5.68 billion with a 10.1% market share. Over the same period last year, it sold $5.41 billion with 12.2% share of the market.

RBS is fifth place, selling $5.25 billion and a market share of 9.4%. This is compared to a higher $5.70 billion sold and 12.9% market share through the third quarter in 2010, the preliminary results showed.

The rest of the top 10 are Barclays Capital, Credit Suisse, Morgan Stanley, Wells Fargo Securities and RBC Capital Markets, according to ASR preliminary public ABS rankings. -KS

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