Indosuez Nabs Lyonnais I-Rate Trader

  • 26 Nov 2001
Email a colleague
Request a PDF

Crédit Agricole Indosuez has hired Duan Yang, interest-rate trader at Credit Lyonnais in Hong Kong, in a similar post, according to an official familiar with the move. Yang will report to Eddie Lee, head of fixed income in Hong Kong, when he starts in the coming weeks.

"They're paying way over the top," the official added, noting that with the bonus season around the corner, Indosuez had to shell out a USD500,000 guaranteed bonus-- be paid at Chinese New Year in February--to attract Yang at this time. "That's definitely above average," noted a headhunter in Hong Kong, adding that guaranteed bonuses are typically around USD250-300,000. Rivals and headhunters said he is a well-respected trader and is having a tremendous year.

An interest-rate trader at Indosuez said the firm is expanding its operation in Hong Kong but declined to comment on specifics or Yang's status or compensation package. "We're trying to build up our profile," said Lee, commenting on the interest-rate desk. He declined further comment.

At Credit Lyonnais Yang reported to Frédéric Lainé, head of Asia derivatives products in Hong Kong. Lainé was on vacation and could not be reached. An official at Lyonnais confirmed that Yang had resigned but declined to comment on a replacement. Yang could not be reached.

  • 26 Nov 2001

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%