Swiss Re To Ramp Up NY Credit Effort

  • 22 Oct 2001
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Swiss Re Financial Products is looking to beef up its credit derivatives team in New York, according to market officials. The firm recently hired Steven Olentine, credit derivatives marketer for U.S. clients at Morgan Stanley, as a structured credit derivatives salesman in New York. Olentine was the first of at least five more hires the firm is looking to make over the next several months as part of an ongoing push into the credit derivatives market, according to headhunters. "Swiss Re is really taking the lead in the move by a lot of reinsurance companies to get a stronger foothold in credit derivatives," said one market professional. Olentine and a spokeswoman at Swiss Re did not return calls.

Market players said the move to expand the team is part of Swiss Re's mandate to broaden the range of risk financing transfer products it offers its insurance company client base. It's the perfect convergence play for Swiss Re," one market player said.

  • 22 Oct 2001

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 344,931.23 1345 8.09%
2 JPMorgan 341,263.25 1468 8.00%
3 Bank of America Merrill Lynch 306,817.51 1057 7.19%
4 Barclays 256,761.63 967 6.02%
5 Goldman Sachs 227,538.09 771 5.33%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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1 BNP Paribas 47,555.97 198 6.55%
2 JPMorgan 46,108.71 102 6.36%
3 UniCredit 39,353.09 170 5.42%
4 Credit Agricole CIB 36,680.00 183 5.06%
5 SG Corporate & Investment Banking 35,773.91 138 4.93%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
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1 JPMorgan 14,088.48 62 8.96%
2 Goldman Sachs 13,469.15 66 8.57%
3 Citi 9,948.21 58 6.33%
4 Morgan Stanley 8,572.10 54 5.45%
5 UBS 8,391.04 36 5.34%