Dealer Makes Senior Sales, Research Hires For Junk Biz

  • 09 Mar 2003
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KBC Financial Products has hired two senior analysts and a senior salesman as it continues its effort to grow its high-yield business, says Joe Garofoli, managing director at the New York-based unit of Belgium's KBC Bank.

The latest hires include Avi Steiner, an analyst who follows the cable, broadcasting and media sectors, and David Hargreaves, a gaming and lodging analyst. Steiner joins from TD Securities, which recently shuttered its high-yield distribution business (BW, 3/3). He will be a v.p. A call to Brendan O'Halloran, TD's group head of U.S. capital markets, was not returned. Hargreaves left DrKW-Grantchester during large-scale cutbacks at that firm last December (BW, 12/5). He joins as a senior v.p. Chris Majak, who joins as a senior v.p. and high-yield salesman, moves over from Barclays Capital in London, though he had worked in the U.S. earlier in his career. Neil Cummins, London-based global sales head at Barclays, says he plans to replace Majak, and make an additional senior sales hire. Garofoli says further hires are planned for the high-yield unit, but he declines to elaborate.

  • 09 Mar 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) 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
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%