Deutsche Bank
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| Antonio Di Flumeri |
Deutsche Bank was heralded by peers and investors for its depth and sophistication across every function of its credit derivatives business. Led in Europe by Antonio Di Flumeri and globally by Rajeev Misra, it was a driver of single name and credit indices liquidity during a volatile second quarter when the downgrades of U.S. autos dislocated correlation pricing. The firm pushes diverse credit-dafault swap underlyings in the emerging market world and this year wrote protection on 75 previously untraded corporates. In addition, the firm's structured credit desk reacted to the low spread environment by pushing innovations across Europe in leveraged super-senior tranches, high-yield CDOs and managed synthetic CDOs of ABS.
The structured credit team, headed by Mark Stainton, alongside co-heads of exotic structuring Nitin Prabhu and Paul Levy, and co-heads of structured credit trading Gerry Jackson and Bertrand des Pallieres, was singled out by end users for the strength of its tailored synthetic solutions.
Nominees:
* Citigroup * Morgan Stanley
* JPMorgan * UBS