| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JP Morgan | 3,281.4 | 1 | 24.5 | 7 |
| Wachovia Corp | 2,198.8 | 2 | 16.4 | 3 |
| HSBC Holdings PLC | 1,458.7 | 3 | 10.9 | 2 |
| Barclays Capital | 1,348.8 | 4 | 10.1 | 2 |
| Banc of America Securities LLC | 1,347.1 | 5 | 10.1 | 3 |
| ABN AMRO | 1,117.0 | 6 | 8.4 | 2 |
| Royal Bank of Scotland Group | 1,085.3 | 7 | 8.1 | 2 |
| Credit Suisse | 550.0 | 8 | 4.1 | 1 |
| Morgan Stanley | 492.3 | 9 | 3.7 | 1 |
| UBS | 218.1 | 10 | 1.6 | 1 |
| Industry Total | 13,373.3 | - | 100.0 | 16 |
| Source: Thomson Financial | ||||
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The American Bankers Association, Bank Policy Institute and Securities Industry and Financial Markets Association submitted comment letters to the Securities and Exchange Commission arguing that a proposed change to Form S-3 eligibility would make it more difficult for some banks to access the capital markets.
July 30 -
Some market participants are taking a 'hawkish hold' FOMC reading coming out of the July meeting, even as they adapt to a quieter intermeeting chairman.
July 30 -
Positive changes in credit provisions contributed to a multiyear high in net income as the GSE and its rival fought to purchase lenders' single-family loans.
July 30 -
Federal Reserve Chair Kevin Warsh acknowledged that his limited guidance might have been a factor in rising market rates, but said whatever increased volatility can be attributed to the changes is more than offset by the benefit of a more nimble central bank.
July 29 -
Notes are expected to pay coupons of 4.05% on the notes rated R-1 (high) (sf) and 4.59% and 4.79% on the A1 and A2 notes, respectively.
July 29 -
The approvals expand BSI's ability to support Ginnie Mae-backed digital mortgage assets across securitization and servicing, the company said.
July 29









