CIBC Nabs J.P. Morgan Trader

  • 15 Oct 2001
Email a colleague
Request a PDF

CIBC World Markets has hired Tom Wadsworth, an equity derivatives trader at J.P. Morgan in New York, in a similar position. Wadsworth fills a position left vacant by the departure of Richard Suth, who left the firm in July after five years, said Paul Beck, head of equity derivatives trading. Beck added that hiring Wadsworth is part of an overall expansion of the equity derivatives group in both New York and Toronto. CIBC is looking to hire two more equity derivatives marketers in New York and has recently hired two marketers for its Toronto division.

Market officials say Suth was a critical part of the firm's push to establish a strong foothold in the U.S. equity derivatives market. Since he left, headhunters have speculated that CIBC was unwinding its equity derivatives group. "It's quite the opposite. We're looking to hire more guys," said Beck, who has been conducting interviews with potential marketers and traders. Wadsworth reports to Beck. "We thought Tom was a great fit. We knew the group at Chase and it gave Tom good reviews," Beck said.

While at J.P. Morgan, Wadsworth reported to Bob McGinley, managing director of North American equity derivatives trading. McGinley did not return calls before press time.

  • 15 Oct 2001

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 8.85%
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%