Lehman Loses Mortgage Banking, Warehousing Trio

Three mortgage-backed securities bankers have left Lehman Brothers.

  • 29 Aug 2007

--Cathy Cunningham

Three mortgage-backed securities bankers have left Lehman Brothers. Michael Dunigan, Donald Kutch and Fred Madonna were reportedly responsible for subprime mortgage banking and warehousing. Lehman officials did not return calls and the circumstances regarding their departure could not be confirmed. Dunigan, Kutch and Madonna could not be ...

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,665 23 12.97
2 Citi 5,781 17 11.25
3 BNP Paribas 3,715 15 7.23
4 Barclays 2,853 9 5.55
5 Credit Suisse 2,783 8 5.42

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4 JPMorgan 52,367.24 169 6.91%
5 Credit Suisse 41,885.89 127 5.53%