Deutsche Bank Beefs Up HY Credit Trading

Deutsche Bank is beefing up its high-yield credit derivatives trading desk in the U.S. and has transferred Chip Stevens, senior investment-grade credit derivatives trader, to co-head the high-yield activity.

  • 09 May 2004
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Deutsche Bank is beefing up its high-yield credit derivatives trading desk in the U.S. and has transferred Chip Stevens, senior investment-grade credit derivatives trader, to co-head the high-yield activity. Client interest in both investment-grade and high-yield credits as well as the growth in high-yield index products has encouraged the firm to add more resources to the desk, Stevens noted.

The desk is operating as a joint venture with the firm's investment-grade trading desk. Deutsche Bank has also hired Rob Weintraub, a loan portfolio trader at Merrill Lynch, as a high-yield credit derivatives trader and may make further hires opportunistically, he added. Weintraub declined comment. Michael DuVally, spokesman at Merrill in New York, declined comment.

  • 09 May 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 94,925.33 384 8.39%
2 Citi 87,531.58 331 7.74%
3 Bank of America Merrill Lynch 84,341.49 288 7.46%
4 Barclays 75,288.19 241 6.66%
5 Goldman Sachs 68,504.71 208 6.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Mar 2017
1 Bank of America Merrill Lynch 10,650.87 23 11.13%
2 Deutsche Bank 8,169.49 17 8.53%
3 HSBC 6,243.46 23 6.52%
4 Citi 4,355.35 13 4.55%
5 SG Corporate & Investment Banking 4,273.37 17 4.46%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 JPMorgan 5,440.56 17 10.74%
2 Deutsche Bank 4,468.97 23 8.82%
3 UBS 3,742.72 17 7.39%
4 Citi 3,393.89 23 6.70%
5 Goldman Sachs 3,360.93 18 6.63%