Morgan Stanley Loses Two City Hedge Fund Sales Pros

Morgan Stanley has lost Wayne Wennick and Karl Faker, senior salesmen in its hedge fund sales team in London. Faker is moving to Goldman Sachs in a similar role, and Wennick is joining Merrill Lynch.

  • 04 Apr 2004
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Morgan Stanley has lost Wayne Wennick and Karl Faker, senior salesmen in its hedge fund sales team in London. Faker is moving to Goldman Sachs in a similar role, and Wennick is joining Merrill Lynch. Both Wennick and Faker reported to Olga Basirov, head of fixed income sales to hedge funds at Morgan Stanley, who declined comment.

Wennick, reached on his cell phone, confirmed he will join Merrill in a similar role, after 13 years at Morgan Stanley. At Merrill, he will report to Tom Callahan, head of rates sales. He declined to comment on the reason for the move.

Faker could not be reached.

  • 04 Apr 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 358,996.09 1352 9.05%
2 JPMorgan 321,264.04 1464 8.10%
3 Bank of America Merrill Lynch 318,428.16 1105 8.03%
4 Goldman Sachs 237,263.73 791 5.98%
5 Barclays 231,619.97 897 5.84%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 35,007.57 165 6.53%
2 Deutsche Bank 34,880.53 120 6.51%
3 Bank of America Merrill Lynch 31,805.65 97 5.93%
4 BNP Paribas 27,920.60 169 5.21%
5 SG Corporate & Investment Banking 24,398.89 138 4.55%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,745.92 80 8.84%
2 Morgan Stanley 16,334.63 83 7.32%
3 Citi 15,972.34 95 7.15%
4 UBS 15,487.17 60 6.94%
5 Goldman Sachs 14,053.61 76 6.29%