Morgan Stanley Builds German Sales Force

Morgan Stanley in London has hired five equity derivative salesmen to establish itself in the hot German market.

  • 23 Jun 2006
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Morgan Stanley in London has hired five equity derivative salesmen to establish itself in the hot German market. Bernhard Wenger, previously at BNP Paribas, comes on board as an executive director, covering structured equity sales. Four others join for flow sales from Dresdner Kleinwort Wasserstein: Matthias Rode and Uwe Warpak as executive directors and Christian Stock andChristian Schalke come on board as v.p.s.

The firm previously had one salesman, Roman Lutz, covering the region, but he departed at the start of the year (DW, 1/20). The new hires show Morgan Stanley is taking the German market--which has one of the highest levels of structured product issuance in Europe--seriously, said an official close to the firm.

Eduard Stipic, spokesman for DrKW in Frankfurt, said the vacated roles are being covered internally, declining further comment. Ruth Lavelle, spokeswoman for BNP Paribas, said Wenger will be replaced.

  • 23 Jun 2006

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 415,838.72 1590 9.03%
2 JPMorgan 379,647.36 1732 8.25%
3 Bank of America Merrill Lynch 359,324.90 1302 7.81%
4 Goldman Sachs 267,102.04 920 5.80%
5 Barclays 266,010.35 1070 5.78%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 45,073.36 191 6.67%
2 Deutsche Bank 37,312.62 138 5.52%
3 BNP Paribas 36,204.20 208 5.36%
4 JPMorgan 34,040.23 112 5.04%
5 Bank of America Merrill Lynch 32,958.96 107 4.88%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 22,398.41 104 8.67%
2 Morgan Stanley 19,092.40 102 7.39%
3 Citi 17,768.49 110 6.88%
4 UBS 17,693.89 71 6.85%
5 Goldman Sachs 17,256.05 98 6.68%