Commerzbank Research Team Shrinks Further

Alexander MacKay, head of asset-backed research at Commerzbank in London, has resigned.

  • 24 Jun 2005
Email a colleague
Request a PDF

Alexander MacKay, head of asset-backed research at Commerzbank in London, has resigned. His departure leaves Claudia Vortmüller as the sole securitization researcher at the bank. It could not be determined where MacKay is headed.

Mackay's departure follows those of Tyron Eng and Katie Hostalier from the team in April, with Eng joining in a buy-side role at Dresdner Kleinwort Wasserstein in London and Hostalier taking a desk analyst position on the ABS trading team at Commerz. MacKay did not return calls to his office or cell phone by press time.

MacKay reported to Chavan Bhogaita, head of credit research. Bhogaita said Commerzbank is reevaluating how it wants to position itself in securitization research and he expects to make some new hires after the summer.

  • 24 Jun 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 118,624.20 342 12.98%
2 Bank of America Merrill Lynch 99,769.11 286 10.92%
3 Wells Fargo Securities 86,271.10 256 9.44%
4 JPMorgan 67,323.36 205 7.37%
5 Credit Suisse 49,265.86 144 5.39%