Commerzbank Research Team Shrinks Further

Alexander MacKay, head of asset-backed research at Commerzbank in London, has resigned.

  • 24 Jun 2005
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Alexander MacKay, head of asset-backed research at Commerzbank in London, has resigned. His departure leaves Claudia Vortmüller as the sole securitization researcher at the bank. It could not be determined where MacKay is headed.

Mackay's departure follows those of Tyron Eng and Katie Hostalier from the team in April, with Eng joining in a buy-side role at Dresdner Kleinwort Wasserstein in London and Hostalier taking a desk analyst position on the ABS trading team at Commerz. MacKay did not return calls to his office or cell phone by press time.

MacKay reported to Chavan Bhogaita, head of credit research. Bhogaita said Commerzbank is reevaluating how it wants to position itself in securitization research and he expects to make some new hires after the summer.

  • 24 Jun 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 83,931.01 244 12.94%
2 Bank of America Merrill Lynch 71,587.85 220 11.03%
3 Wells Fargo Securities 64,351.96 203 9.92%
4 JPMorgan 46,391.25 147 7.15%
5 Credit Suisse 37,323.31 115 5.75%