Bloomberg News

CLO, Mortgage REIT Underwriters, Money-Market Managers: Table

October 16, 2012

Citigroup Inc. (C:US) is the top arranger of collateralized loan obligations, or CLOs, this year through Sept. 30. CLOs pool high-yield, high-risk loans and slice them into securities of varying risk and return. The following table lists the biggest CLO arrangers, underwriters of shares in U.S. mortgage real estate investment trusts and U.S.-registered money-market fund managers:

CLO Arranger                            Amount Sold

Citigroup                               $7.44 billion
Bank of America Corp.                   $4.61 billion
JPMorgan Chase & Co.                    $3.07 billion
Morgan Stanley                          $2.91 billion
Credit Suisse Group AG                  $2.68 billion
UBS AG                                  $2.51 billion
Wells Fargo & Co.                       $1.69 billion
Goldman Sachs Group Inc.                $1.31 billion
Deutsche Bank AG                        $1.28 billion
Wells Fargo/Mitsubishi UFJ              $1.07 billion
Royal Bank of Scotland Group Plc        $1.03 billion
Barclays Plc                            $409.8 million
Jefferies Group Inc./Mitsubishi         $404 million
Nomura Holdings Inc.                    $350 million

U.S. Mortgage REIT Underwriter          Amount Sold

Bank of America                         $2.43 billion
JPMorgan                                $2.16 billion
Citigroup                               $2 billion
Credit Suisse                           $1.68 billion
Deutsche Bank                           $1.63 billion
UBS                                     $1.55 billion
Barclays                                $1.46 billion
Morgan Stanley                          $758.3 million
Wells Fargo                             $693.3 million
Goldman Sachs                           $668.6 million
KBW Inc.                                $229.2 million
JMP Securities LLC                      $160.6 million
Jefferies                               $133.3 million
Royal Bank of Canada                    $132 million
PNC Financial Services Inc.             $100 million
Stifel Financial Corp.                  $76.4 million
National Australia Bank Ltd.            $64.8 million
Ladenburg Thalmann & Co.                $55.7 million
Westpac Banking Corp.                   $55.1 million
ANZ Banking Group                       $34.2 million

Money-Market Manager                    Assets

Fidelity Investments                    $414 billion
Federated Investors Inc.                $234.4 billion
JPMorgan                                $223 billion
Vanguard Group Inc.                     $161.5 billion
Charles Schwab Corp.                    $153.5 billion
Bank of New York Mellon Corp.           $153.1 billion
BlackRock Inc.                          $139.7 billion
Goldman Sachs                           $127.9 billion
Wells Fargo                             $104.5 billion
Morgan Stanley                          $91.2 billion
Northern Trust Corp.                    $71.6 billion
State Street Corp.                      $67 billion
Invesco Ltd.                            $57 billion
UBS                                     $53.3 billion
Bank of America                         $44.5 billion
Legg Mason Inc.                         $41.5 billion
Deutsche Bank                           $40.9 billion
U.S. Bancorp                            $40.2 billion
Royal Bank of Canada                    $19 billion
T Rowe Price Group Inc.                 $14.6 billion

Sources: Morgan Stanley, Crane Data LLC and data compiled by

To contact the reporter on this story: Donal Griffin in New York at

To contact the editor responsible for this story: David Scheer at

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Companies Mentioned

  • C
    (Citigroup Inc)
    • $51.17 USD
    • 0.64
    • 1.25%
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