CDO Broker Adds Research Hand

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  • 22 Sep 2003
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Fieldstone Capital Group, a New York broker of collateralized debt obligations and high-yield bonds, has hired Johnny Srivastava as a v.p. in CDO research. Srivastava, who says he started last week, had previously worked on originating fixed-income transactions at RBC Capital Markets, where he was laid off recently. He had also previously worked at Fuji Bank, where he invested in asset-backed securities for the bank's balance sheet. The role is a new one and will support Fieldstone's efforts in the secondary CDO market, where it seeks to connect investors in all types of CDOs across the capital structure. He reports to Carol Bunevich, managing director, who says Fieldstone plans to add additional salesmen. She adds Fieldstone, which was formed about a year ago, sees opportunity in the secondary markets, particularly when the primary market is active and occupies the attention of Wall Street dealers. She declines to reveal just how active Fieldstone is.

 

  • 22 Sep 2003

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) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%