Job cuts ravage European ABS as BofA quits and DB, CS downsize

A NEW wave of job cuts has gutted European securitisation teams this week, leaving many senior and middle ranking bankers in search of a job.

  • 25 Jan 2008

Credit Suisse said it is axeing some 150 jobs in the UK across its global securities department, within its investment banking division.

Part of this will involve cutting the European ABS team from 24 to four, according to an informed source. Those staying include Adrian Carr, head of European ...

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Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 45,589.37 178 7.11%
2 JPMorgan 43,572.44 88 6.79%
3 Credit Agricole CIB 33,071.14 158 5.15%
4 UniCredit 32,917.16 149 5.13%
5 SG Corporate & Investment Banking 32,145.89 124 5.01%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,559.65 59 8.93%
2 Goldman Sachs 13,209.37 65 8.70%
3 Citi 9,711.73 55 6.40%
4 Morgan Stanley 8,471.86 53 5.58%
5 UBS 8,136.41 33 5.36%