ACE CEO Steps Down

  • 22 Dec 2003
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Jerome Jurschak, ceo of ACE Guaranty Corp. and ACE Capital Re, has resigned. Calls to Jurschak's office were referred to Anna Lowry, spokeswoman at ACE Ltd in Bermuda, who declined comment. The resignation comes amid a re-jig of the firm's insurance operations and ahead of a planned initial public offering of ACE Financial Services, which includes the two units Jurschak headed up.

ACE Capital recently announced internally its intention to share resources with sister operation ACE Guaranty Corp. as a means of reducing both firms' administrative and underwriting expenses (DW, 11/23). Meanwhile Ace has hired Michael Schozer, managing director and head of structured finance and credit derivatives at Ambac Financial Group in New York, as president of one of its business units (DW, 12/14).

  • 22 Dec 2003

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 132,387.73 545 8.30%
2 Citi 123,981.47 487 7.78%
3 Bank of America Merrill Lynch 105,093.26 413 6.59%
4 Barclays 99,545.40 383 6.24%
5 HSBC 81,053.20 424 5.08%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 11,525.35 30 7.25%
2 BNP Paribas 8,422.96 46 5.30%
3 UniCredit 8,389.55 43 5.28%
4 Deutsche Bank 8,298.69 30 5.22%
5 Commerzbank Group 7,837.68 40 4.93%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 4,425.28 19 11.23%
2 Goldman Sachs 4,006.06 15 10.16%
3 Citi 3,527.84 22 8.95%
4 JPMorgan 2,809.08 19 7.13%
5 UBS 2,241.39 12 5.69%