Merrill Builds Equity, Fund Structuring Force

Merrill Lynch has tweaked its European structuring group, dividing it into equity, fund and tax-linked structuring under Alvise Munari, head of equity structured solutions in London.

  • 02 Sep 2005
Email a colleague
Request a PDF

Merrill Lynch has tweaked its European structuring group, dividing it into equity, fund and tax-linked structuring under Alvise Munari, head of equity structured solutions in London. Brent Clapacs, head of equity sales for Europe, Middle East and Africa, and Munari established the group, according to an internal memo obtained by DW, to "maintain our leadership in structured products." Munari was out of the office last week and Clapacs could not be reached. The date of the reorganization could not be determined, but it comes close to the departure of Donald Leitch (DW, 8/29), who was hired by Merrill last year as head of European equity and fund-linked structuring (DW, 5/9/04).

The three groups are liquid underlying and equity hybrids, fund-linked products and equity tax-linked products. Antoine Lebacq, who joined Merrill at the end of August as a managing director from Credit Suisse First Boston (DW, 4/1), will head up liquid underlying and equity-hybrids, reporting to Munari. Lebacq did not return messages. The fund-linked products group will be lead by director Frederic Marino, who is set to come on board from Rabobank in October (DW, 8/29), and equity tax-linked products will be headed by Salim Mohamed, who joined Merrill in June as a managing director from Goldman Sachs. Mohamed was traveling and could not be reached.

  • 02 Sep 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 329,208.56 1277 8.09%
2 JPMorgan 321,584.64 1392 7.90%
3 Bank of America Merrill Lynch 296,878.25 1014 7.29%
4 Barclays 249,463.73 926 6.13%
5 Goldman Sachs 218,838.41 733 5.38%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 46,136.68 182 7.00%
2 JPMorgan 44,545.29 93 6.76%
3 UniCredit 35,639.50 153 5.41%
4 Credit Agricole CIB 33,211.72 160 5.04%
5 SG Corporate & Investment Banking 32,419.80 126 4.92%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,755.50 61 8.94%
2 Goldman Sachs 13,469.15 66 8.76%
3 Citi 9,716.40 55 6.32%
4 Morgan Stanley 8,471.86 53 5.51%
5 UBS 8,248.12 34 5.36%