B Of A Hires Former BNP High-Grade Head For Trading

  • 16 Feb 2003
Email a colleague
Request a PDF

Banc of America Securities has hired Dave Fergione, the former head of high-grade, fixed-income at BNP Paribas in New York to the new position of managing director, corporate bond trading, based in the firm's Charlotte, N.C., headquarters. Fergione's move marks his second stint with Banc of America. He left BNP at the end of last year (BW, 12/23) in what he characterized as a mutual decision during an interview last Monday.

Stephen Gallagher, global head of high-grade trading, says he hired Fergione as part of B of A's effort to become a top-three trading house. Toward that same end, the firm is moving Eric Williamson, an 18-year trading veteran who had been based in London, to fill another new trading spot in Charlotte. Gallagher says he considers the London desk to be adequately staffed due to two hires he made there last year. He hopes to make a couple of additional hires for either New York or Charlotte when he finds qualified candidates, he says.

  • 16 Feb 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) 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 98,544.62 277 13.26%
2 Bank of America Merrill Lynch 90,698.73 264 12.20%
3 Wells Fargo Securities 70,282.48 216 9.45%
4 JPMorgan 51,967.93 167 6.99%
5 Credit Suisse 41,545.25 126 5.59%