2001 Year In Review: Credit, I-Rate Derivatives Have Bumper Year

  • 07 Jan 2002
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Credit and interest-rate derivatives had a bumper year as investment and commercial banks couldn't get synthetic collateralized debt obligations out of the door quick enough and end users flooded back to the market to hedge interest-rate exposure on the back of eleven Federal Reserve rate cuts. In Europe, pension funds also joined the rush to hedge with interest-rate derivatives, driving up demand.

However, equity derivatives professionals' bonuses likely will be slimmer, reflecting the deleterious 12 months the cash equity markets suffered.

Year In Review: U.S.
Alternative Investments Benefit From Increased Demand

I-Rate Customers Follow Swap Curve To One-Stop Shopping Spree

Equity Stumbles As M&A, IPO Markets Idle

Credit Squares Up To Double Whammy

Market Reaches Truce Over Restructuring   Europe Banks Enter Weather Derivatives Market   European Credit Sees Defaults, Regulatory Changes, Innovation   Hedge-Fund Linked Notes Gain Popularity In Equities   Rate Cuts, Terror Attacks Fail To Spark FX Market   European I-Rate Mart Dominated By Pension Fund Hedging   AsiaThe Search For Yield   Japan Develops As A Center For Weather Derivatives   Pace Of Asian Credit Derivatives Growth Quickens   Hedge Funds Raise Capital In Unfriendly Market   Weak Equity Markets Drive Demand For Capital Protection   Low Vol Prompts Vanilla-ization Of Asian FX Mart     Quotes Of The Year
  • 07 Jan 2002

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 358,291.38 1348 9.06%
2 JPMorgan 320,704.66 1461 8.11%
3 Bank of America Merrill Lynch 318,128.31 1104 8.04%
4 Goldman Sachs 236,643.87 789 5.98%
5 Barclays 231,197.41 895 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 8.85%
2 Morgan Stanley 16,334.63 83 7.32%
3 Citi 15,972.34 95 7.16%
4 UBS 15,487.17 60 6.94%
5 Goldman Sachs 14,053.61 76 6.30%