Junior Staffers Command Higher Salaries

Mid-level fixed-income professionals are commanding salaries 20-25% higher this year based on positive technicals in the hiring market, according to a recruiter.

  • 04 Mar 2005
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Mid-level fixed-income professionals are commanding salaries 20-25% higher this year based on positive technicals in the hiring market, according to a recruiter. Staffers with three to four years experience have more leverage this year than they have in years past, partly because there are simply fewer candidates with that amount of experience because buy- and sell-side firms sharply curtailed hiring toward the end of 2001.

Peter Arian, managing director at Analytic Recruiting, which focuses on filling quantitative positions, said both sides of the Street are hard-pressed to find people in this experience bracket. He said demand is greatest for trading and structuring hands on the sell side, and banks are also generally hiring quant modelers across asset classes. Arian declined to provide specific examples.

  • 04 Mar 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) 6,415 22 12.84
2 Citi 5,781 17 11.57
3 BNP Paribas 3,530 14 7.06
4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 98,446.48 276 13.35%
2 Bank of America Merrill Lynch 90,174.33 262 12.23%
3 Wells Fargo Securities 70,282.48 216 9.53%
4 JPMorgan 51,967.93 167 7.05%
5 Credit Suisse 41,447.11 125 5.62%