Morgan Stanley Adds Two To High-Yield Desk

Morgan Stanley has hired Jeff Walsh and Matt Bagley to work on its high-yield trading desk, according to an internal memo from Dan Allen, head of distressed loan and high-yield trading, and Kevin Corgan, head high-yield trader.

  • 05 May 2006
Email a colleague
Request a PDF

Morgan Stanley has hired Jeff Walsh and Matt Bagley to work on its high-yield trading desk, according to an internal memo from Dan Allen, head of distressed loan and high-yield trading, and Kevin Corgan, head high-yield trader. As first reported on Credit Investment News' Web site, Walsh, an executive director, joins from Citigroup and Bagley, a v.p., joins from Bank of Montreal. Both will be reporting to Corgan.

Walsh spent 12 years at Citigroup trading high-yield bonds and before that spent 10 years at Merrill Lynch trading investment-grade and high-yield bonds. Bagley previously traded high yield and distressed debt at Lazard Freres prior to joining the Bank of Montreal. Allen was not available for comment.

  • 05 May 2006

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 80,818.31 235 11.57%
2 Bank of America Merrill Lynch 66,338.04 186 9.50%
3 Wells Fargo Securities 56,344.19 164 8.07%
4 JPMorgan 53,381.65 156 7.64%
5 Credit Suisse 44,872.46 115 6.43%