ABN Plans Equity Hires For Korea

  • 13 May 2002
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ABN AMRO is predicting the Korean equity derivatives market is going to take off and plans to hire additional marketers to cope with the demand. "We're looking to increase our resources," said Frank McKirgan, head of Asian equity derivatives in Hong Kong.

McKirgan attributed the increased interest in the Korean equity market to a more relaxed attitude by regulators due to the opening of an onshore market in July (DW, 11/25). "It's now easier to get trades approved," added McKirgan, noting growing interest for corporate equity derivatives products. The marketers will be based in Hong Kong.

Other houses have also hired equity marketers for Korea in recent months, including JPMorgan (DW, 4/29) and UBS Warburg. Lehman Brothers is setting up an onshore operation (DW, 2/17) and is thought to be hiring for it, according to officials. Ann Perng, spokeswoman at Lehman in Hong Kong, declined comment.

"Korea is hot," said Susan Law, managing director at TPL Executive Search in Hong Kong, commenting on the fact that so many firms are hiring in Korea.

  • 13 May 2002

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 317,691.74 1201 8.90%
2 JPMorgan 291,227.96 1326 8.16%
3 Bank of America Merrill Lynch 285,088.11 991 7.99%
4 Goldman Sachs 217,749.25 714 6.10%
5 Barclays 209,291.80 811 5.87%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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1 HSBC 32,400.29 147 6.76%
2 Deutsche Bank 32,042.83 103 6.69%
3 Bank of America Merrill Lynch 28,820.43 84 6.02%
4 BNP Paribas 25,608.74 143 5.35%
5 Credit Agricole CIB 22,617.86 130 4.72%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 18,067.92 70 9.12%
2 Morgan Stanley 15,215.44 76 7.68%
3 UBS 14,195.29 55 7.17%
4 Citi 14,014.57 86 7.07%
5 Goldman Sachs 12,113.98 67 6.11%