Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup | 2,797.1 | 1 | 16.4 | 3 |
Credit Suisse First Boston | 2,790.1 | 2 | 16.4 | 6 |
Deutsche Bank AG | 2,234.8 | 3 | 13.1 | 4 |
JP Morgan | 1,844.4 | 4 | 10.8 | 3 |
Morgan Stanley | 1,781.2 | 5 | 10.5 | 3 |
BANK ONE Corp | 1,390.2 | 6 | 8.2 | 2 |
Goldman Sachs & Co | 1,289.4 | 7 | 7.6 | 3 |
Banc of America Securities LLC | 841.5 | 8 | 4.9 | 2 |
Wachovia Corp | 833.9 | 9 | 4.9 | 3 |
Merrill Lynch & Co Inc | 419.3 | 10 | 2.5 | 1 |
Barclays Capital | 406.0 | 11 | 2.4 | 1 |
Royal Bank of Scotland Group | 287.5 | 12 | 1.7 | 2 |
Westdeutsche Landesbank Giro | 120.2 | 13 | 0.7 | 1 |
Industry Total | 17,035.5 | - | 100.0 | 21 |
Source: Thomson Financial |
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The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
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The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
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